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March 2023 26 posts · page 3 of 3

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Thursday, 2 March 2023

Australian university campuses in India

The Minister for Education, Australia, Jason Clare is on a visit to India from February 28 to March 4 to foster India-Australia relations in the field of education. India's Education Minister Dharmendra Pradhan has announced two Australian universities will soon establish campuses in the GIFT CITY of Gujarat. India is encouraging the opening of campuses of reputed foreign universities in India. If this materializes then India can stop brain drain and our students will get better opportunities in their own countries.
Shruti Kumari
Wednesday, 1 March 2023

Bank locker Agreements

Customers of banks using or intending to use locker facilities have received a message from their banks that they need to sign a new agreement on Rs100 stamp paper as per RBI directive. The whole exercise is irrelevant and a waste of customers' and Bank's time. Do we sign an agreement every time we buy a flight or train ticket? All that is required is for RBI to release a press note drawing the attention of current and future bank customers that use of locker facility is governed by the rules and regulations contained in the RBI circular the contents of which are available in RBI/Banks website. Since customers cannot amend these rules but have to comply with them to use lockers this notification should be adequate.
Raghavan