The public sector banks in India are helping CBSE in its re-evaluation process. As per reports, 4 public sector banks – State Bank of India, Bank of Baroda, Canara Bank and Indian Bank, are assisting the CBSE in strengthening its payment gateway infrastructure and necessary integration with the post examination services portal.
Union Education Minister Dharmendra Pradhan spoke with the Union Finance Minister Nirmala Sitharaman and asked her to direct public sector banks to handle the payment issues.
According to reports, CBSE was facing severe payment failures. However, after public sector banks stepped in, the payment process became smoother.
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The Government has decided that four PSBs – SBI, Bank of Baroda, Canara Bank and Indian Bank – will assist the CBSE in strengthening its payment gateway infrastructure and necessary integration with the post examination services portal, an official statement said.
The banks will enable CBSE to put in place robust payment protocols to ensure timely payments, address payment glitches, and automatic refunds for excess payments, if any.
Pradhan also directed CBSE for a complete overhaul of their Payment Gateway System.
Earlier, the Union Education Minister decided to rope in professors and technical experts from the Indian Institute of Technology Madras and IIT Kanpur to help the CBSE ensure a glitch-free re-evaluation process.
Pradhan’s direction to involve IIT experts comes in the backdrop of concerns raised by students and parents regarding the CBSE post-result services portal which has allegedly crashed or remained inaccessible for filing applications for revaluation and seeking copies of answer-sheets.
The glitches have forced the Central Board of Secondary Education (CBSE) to repeatedly extend the deadline for filling revaluation applications and depositing fee.
State Bank of India is India’s largest public sector bank with vast experience in digital payments technology. With SBI and other public sector banks involved, it is expected that the CBSE re-evaluation process will now run smoothly.
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