As part of the application for student visas – applicants have to show evidence of possessing the necessary funds to pursue a course of study and live in the UK for the duration of the course.

From November 24, if any applicant provides bank statements from the listed nearly 1,900 Indian banks showing they have the necessary funds, the application will not be considered.

The list of banks whose statements will not be accepted are categorised as 'Cooperative banks – scheduled urban cooperative banks' and 'Cooperative banks – non-scheduled urban cooperative banks'.

Official sources said the visa officers will accept statements from student visa applicants from "international banks, or national banks with a UK private banking presence, or regulated national/state banks that provide a core banking service".

This list of banks includes 'Scheduled commercial banks'.

The drawing up of approved and non-approved list of Indian financial institutions for student visa purposes means that applicants who have accounts in banks mentioned in the non-approved list will have to open accounts in the 85 banks mentioned in the approved list before applying for the student visas.

Verification checks are made on the basis of documents provided with the student visa application but there have reportedly been many cases when such checks have not been "satisfactory", particularly from cooperative or smaller banks.

The statement added: "An unsatisfactory verification check means that the institution does not respond to or provide a reliable response to our request for information, or we are unable to contact the institution.

"When a bank frequently provides unsatisfactory responses to verification requests, it is proportionate to include it on a list from which we will not accept documents, rather than verifying applications individually."

In 2010, Britain had appended issuing students visas in north India and Pakistan following reports of large scale abuse of the visa system.