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January 16, 2022

University Grants Commission (UGC), India, asks all Universities to join the Academic Bank of Credits and motivate their Students to open Academic Bank Accounts.

University Grants Commission

University Grants Commission

New Delhi, January 15, 2022 — In a letter to the Vice-Chancellors of all Universities and Principals of all Autonomous Colleges, University Grants Commission (UGC) has asked them to make their institutions join the Academic Bank of Credits (ABC) at the earliest. UGC has also instructed the universities to make their students aware of this facility and encourage them to open Academic Bank Accounts.

Further, the Commission has informed the universities that it had declared “The University Grants Commission (Establishment and Operation of Academic Bank of Credits in Higher Education) Regulations, 2021” in the Gazette of India. Now, it has revised these regulations and notified the amendment in the Gazette. Consequently, more Higher Education Institutions, who confer degrees, can now participate in the Academic Bank of Credits irrespective of their NAAC or NIRF ranking.

Source: University Grants Commission

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Edited & Posted by the Editor | 2:50 AM | Link to this Post






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