Applicants from India, student visas for Diploma, Bachelor or Master funds evidence is not required from 30th Sep 2017 onwards,
The Document Checklist Tool has been updated. If you intend to lodge a student visa application on or after on 30 September 2017, you are encouraged to re-check the document checklist based on your country of passport and education provider before lodgement.
http://www.border.gov.au/Trav/Visa-1/500-?modal=wet