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Tag: info

  • JKBOSE Important Info Regarding 10th, 11th, 12th Annual Regular Examinations 2023

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    JKBOSE Important Info Regarding 10th, 11th, 12th Annual Regular Examinations 2023

    SRINAGAR: Jammu and Kashmir Board of School Education (BOSE) will release subject-wise date-sheet for Class X, XI, and XII exams next week.

    BOSE was waiting for some entrance tests and job interviews to get over so that they will kick off the exam process in Jammu and Kashmir.  Examination of all three classes will now start from March 4.

    “Date sheets have been finalized. We had to make some changes because there were some entrance exams for different departments. Exams will tentatively start on March 4, 5, and 6 for all the three classes,” Manisha Sarin, Secretary, BOSE, told The Kashmir Monitor.

    Sarin said the subject-wise date sheet will be released within two to three days. “All arrangements have been finalized. We will make proper heating arrangements. Rest of the arrangements will remain the same,” she said.

    This will be for the first time that board exams in Kashmir will be held in March. In August last year, the government shifted the academic session to March in sync with National Education Policy (NEP).

    “The theory examination in UT of Jammu and Kashmir be conducted from the first week of March as per the present Academic calendar of Jammu Summer Zone (except in difficult areas of Jammu region) and some areas of Kashmir region,” said the government order,

    Furthermore, the examination in these difficult areas shall be delayed and held from the 2nd week of April as per the calendar proposed when these areas are fully accessible and the delivery of the examination stationary and confidential material is ensured.

    “Even though if examination in these difficult areas shall be conducted separately, the result of these examinations can be declared simultaneously, as although the difficult areas constitute approx. 30-35% of the area of the UT, the total number of students from these areas is not more than approx. 10-12%, since the areas are sparsely populated and the evaluation of Answer Scripts shall take less time.”

    As per the ‘Uniform Academic calendar, the students who appear in Class 10 and 11 examinations shall be provisionally admitted in Class 11th and 12th respectively after the conclusion of the Board examination.

    “Students, who are declared unsuccessful in the results, shall be permitted to continue their studies in Class 11th and 12th till the result of the Biannual/Annual Private examinations are declared. In respect of the candidates who fail to pass in Bi-annual examination, provisional admission shall be canceled,” the order said. (The Kashmir Monitor)



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    ( With inputs from : The News Caravan.com )

  • Material decline in NPAs, info on wilful defaulters to be published, RBI to SC

    Material decline in NPAs, info on wilful defaulters to be published, RBI to SC

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    New Delhi: The RBI has told the Supreme Court that it has accepted the recommendations of a high-level committee that list of defaulters must be published by banks on their websites, where either the defaulters’ name is already in the public domain or their secured assets are possessed under the Sarfaesi Act.

    The RBI, in a written response, said: “Reserve Bank’s resolute efforts have resulted in material decline in the NPAs of the banking system.”

    It added that the recently-issued Financial Stability Report of the Reserve Bank on December 29, 2022 indicates that the gross non-performing assets (GNPA) ratio of banks has been steadily trending down to a seven-year low of 5 per cent in September 2022, while net non-performing assets (NNPA) have dropped to a ten-year low of 1.3 per cent of total loans.

    “The Reserve Bank continues to monitor the situation and would assure to take prudent measures in discharge of its statutory mandate, to ensure a sound and resilient financial system, in the interest of all the stakeholders,” it added.

    Advocates Prashant Bhushan and Pranav Sachdeva, representing NGO Centre for Public Interest Litigation, alleged loans were given at the behest of politicians. The apex court had asked the banking regulator to respond to the allegations that despite bank accounts of many big companies having been declared as ‘fraud’, lenders still dither in reporting such matters to either police or the CBI.

    In the affidavit, the RBI further contended that necessary instructions are being issued mandating banks to examine and take a formal view on classifying an account as a case of wilful default, within 60 days of the account becoming an NPA (applicable for exposures greater than Rs 50 crore).

    “Issuance of directions governing publication of the list of defaulters by banks wherever recovery action is required to be in public domain,” it added.

    The RBI said even directions mandating the Trust and Retention Accounts (TRA) for all types of consortium lending are being issued. It further added that to prevent the diversion of funds by unscrupulous borrowers, which was also the rationale behind the committee’s recommendation of mandating TRA accounts, the measures essentially aimed at addressing the growing menace of NPAs in the banking system were taken.

    On Wednesday, a bench headed by Justice Sanjay Kishan Kaul gave a four-weeks’ time to RBI to inform on the steps it can take as the regulator qua the committee’s recommendations to tackle bad loans.

    The apex court is hearing a case connected with writing off thousands of crores of loans by lenders. In December last year, the court had asked the government and the RBI to submit an affidavit explaining why the lenders should not file criminal cases against loan defaulters and why the recommendations of an expert panel on banking reforms have yet to be implemented.

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    ( With inputs from www.siasat.com )