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Andhra Bank to deploy over 1,600 business correspondents to boost financial inclusion programme

Andhra Bank to deploy over 1,600 business correspondents to boost financial inclusion programme

Finance
NEW DELHI: State-owned Andhra Bank will deploy over 1,600 business correspondents to provide a host of services like account opening, door-step banking, ATM deployment and NPA recovery under its financial inclusion project. The bank will deploy these business correspondents mainly in Andhra Pradesh and Telangana. The lender has been implementing the financial inclusion project since 2010 through the business correspondent model with micro ATMs/kiosk banking technology. Among others, the business correspondents (BCs) may also be assigned with other financial and non-financial transactions like recovery of loans, enrolment of social security schemes as well as mobilisation of new business for the bank. They may also be required to carry on with all government schemes including Aadhaar, mobil...
1,600 IT workers and engineers denied UK visas

1,600 IT workers and engineers denied UK visas

Science
More than 1,600 IT specialists and engineers offered jobs in the UK were denied visas between December and March, BBC News has learned. They were denied because the number applying exceeded the monthly limit allowed to enter the UK.Critics argue that the immigration policy will hamper the government's efforts to develop a high-tech economy.The government said it was important that employers look to recruit from the UK before looking overseas.The figures were obtained by the Campaign for Science and Engineering (Case).Case's executive director, Dr Sarah Main, said that job offers in areas where there were clear shortages, such as science and engineering, should be exempt from the Home Office cap."The tragedy is that this policy doesn't work for anyone: the...