Latest news with #Certificates
The Hindu
2 days ago
- Politics
- The Hindu
DYFI calls for monitoring committee in Coimbatore to prevent unfair expulsion of students from schools
The Democratic Youth Federation of India (DYFI) has urged the School Education Department to form a district-level monitoring committee in Coimbatore to prevent students from being forced to discontinue schooling under the pretext of poor academic performance. Members of the organisation submitted a petition to the Coimbatore Collector on Monday, highlighting their concerns. In the petition, DYFI alleged that some government higher secondary schools are pressuring students with low performance to obtain Transfer Certificates (TCs) in order to maintain a 100% pass rate. Students are reportedly told to assist their fathers at work or to enrol in ITIs instead of continuing formal education. The organisation also raised concerns about discriminatory remarks made to students from linguistic minority communities. In some cases, teachers allegedly questioned parents for choosing Tamil-medium education, suggesting their children would fare better in their mother tongue—an approach DYFI said was rooted in bias. Such practices, the outfit said, undermine the Tamil Nadu government's efforts to reduce school dropouts. It demanded disciplinary action against teachers involved and called for the formation of a monitoring panel to safeguard students' right to education.
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Business Standard
5 days ago
- Business
- Business Standard
Post offices to freeze inactive accounts: Here's what customers must do
The postal department has begun a twice-yearly drive to freeze small savings accounts inactive for more than three years after maturity, aiming to protect depositors' funds and prevent unauthorised access. As a new practice, post offices will identify such accounts every January and July. If your account has matured but you haven't withdrawn the funds or extended the tenure within three years, it risks being frozen. Which accounts are impacted? The rule applies to all major small savings schemes, including: Time Deposits Monthly Income Scheme Public Provident Fund Senior Citizen Savings Scheme Kisan Vikas Patra National Savings Certificates Recurring Deposit Once frozen, no transactions, withdrawals, deposits, standing instructions or online services will be allowed until the account is reactivated. 'The process of identifying and freezing such accounts will be completed within 15 days, starting from 1 January and 1 July every year,' said the department in a circular dated July 15, 2025. How to unfreeze an account To regain access, account holders must visit a post office and submit a few key documents for verification. Here's what you need: -Passbook or certificate of the frozen account -KYC documents: Aadhaar, PAN and address proof -Account Closure Form (SB-7A) -Cancelled cheque or a copy of a bank/post office savings account passbook for crediting the maturity value Post office staff will verify your identity and signature before reactivating the account. Once cleared, the maturity proceeds will be credited to your linked savings account or bank account through electronic transfer. If you hold any small savings account, check its maturity date and act quickly to avoid disruption. Proactive closure or extension within three years of maturity ensures uninterrupted access to your funds.
Business Wire
7 days ago
- Business
- Business Wire
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-5 and Pagaya AI Debt Trust 2025-5
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 12 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-5 and Pagaya AI Debt Trust 2025-5 (collectively 'PAID 2025-5'), an unsecured consumer loan ABS transaction. PAID 2025-5 has initial hard credit enhancement levels of 81.69% for the Class A-1 Notes to 3.79% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at closing, and excess spread. PAID 2025-5 will issue 13 classes of notes totaling $392.0 million with KBRA rating the Class A-1 through Class F Notes, Class A, Class AB, Class ABC, Class ABCD, and Class EF Notes. KBRA will not be providing ratings on the Certificates or the FR Securities. PAID 2025-5 is a fully prefunded transaction where there will be no collateral funded at closing. Pagaya Structured Products LLC, the sponsor and administrator, is a fully owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is 100% owned by Pagaya Technologies Ltd. ('Pagaya Technologies'), an Israeli corporation listed on the NASDAQ (PGY). Pagaya Technologies is a financial technology company in the lending marketplace that uses AI-driven credit and analysis technology. This transaction is the 47th publicly rated securitization sponsored by Pagaya Structured Products LLC (collectively with its affiliates, 'Pagaya' or the 'Company'). KBRA applied its Consumer Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology as part of its analysis of the transaction's proposed capital structure and Pagaya's historical static pool data. KBRA considered its operational reviews of Pagaya and each of the Platform Sellers, as well as periodic update calls with the Company and Platform Sellers. KBRA has recently conducted surveillance on each platform's KBRA-rated securitizations. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1010370
Time of India
15-07-2025
- Business
- Time of India
CMDA portal glitch causes delays for homebuyers
Chennai: Homebuyers in the city may face delayed possessions as technical glitches and approval backlogs in the Chennai Metropolitan Development Authority (CMDA) portal stall real estate projects. Developers cite repeated upload failures, sanction plan delays, and prolonged processing of Completion Certificates (CCs), particularly for high-rise buildings. Builders have raised concerns over persistent technical issues and administrative delays hampering the approval and completion process. The major problem, they say, lies in uploading large project files on CMDA's online portal. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai Even after obtaining approvals, the release of the sanction plan is often delayed. This affects critical project activities such as bank funding, legal clearances, and on-site work, creating uncertainty for developers, investors, and homebuyers alike. Completion Certificates — essential for handing over finished units — are also delayed, despite developers meeting all clearance requirements. "We understand checks for building or setback violations, but CMDA staff are now raising objections even for minor architectural fins, claiming they affect setback areas," said a builder. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Garner: Here's The Average Price of a 6-Hour Gutter Upgrade Read More Undo "It now takes 60 to 90 days to get the CC. Even in a clean case, it takes 45 days. Homebuyers are forced to pay EMI without taking possession of their homes," said a builder. A CMDA source cited a shortage of junior-level planners — officials responsible for site inspections and CC processing — as a key reason. "There is also a need for manual intervention to clear planning permissions. The flow is not proper and needs to be addressed. Otherwise, there is no point in an online system," the source added. A senior CMDA official acknowledged the issue, stating, "We are studying the DTCP software, which seems to be more efficient. The glitches will be addressed." He, however, said that there are issues pertaining to incomplete documentation done by certain architects. "This is a major hurdle. We are planning to conduct training sessions again," he said.
Yahoo
25-06-2025
- Business
- Yahoo
Axiad Launches Axiad Confirm, Securing the Front Door to Enterprise Credentials
New Identity Verification Solution Validates Users Before Issuing Certificates, Smart Cards or FIDO Passkeys to Enhance Authentication Trust and Ensure Maximum Security SAN JOSE, Calif., June 25, 2025 /PRNewswire/ -- Axiad, a global identity security leader, today announced the launch of Axiad Confirm—a new, automated identity verification solution. Axiad Confirm, integrated within the Axiad Conductor credential management system (CMS), ensures secure identity verification before issuing robust credentials like smart cards or FIDO passkeys—and anytime when trust must be reaffirmed. By automating trusted identity throughout the entire credential lifecycle, Axiad empowers enterprises to enhance the user experience, prevent credential misuse, mitigate insider threats and maintain regulatory compliance. "Many of today's traditional authentication solutions do not verify the identities of users enrolling or renewing credentials, which puts organizations at serious risk every single day," said Marc Puverel, vice president of product at Axiad. "With identity-based threats continuing to increase, organizations need a solution like Axiad Confirm—one that can ask, 'Who is this person? Can we trust them?' before issuing credentials or as part of any help desk workflow. By using Axiad Confirm, organizations can now seamlessly and confidently verify user identities to dramatically reduce security threats." Axiad Confirm integrates seamlessly into Axiad Conductor's existing credential workflows. Through real-time biometric liveness detection, government-issued ID validation and identity attribute matching, Axiad Confirm quickly ensures each credential is tied to a verified identity without disrupting the user experience or increasing operational complexity or costs. The key benefits of Axiad Confirm include: Prevents unauthorized access, such as impersonation, insider threats and credential misuse by ensuring only verified users are credentialed. Supports remote and distributed workforce onboarding with fully automated, self-service workflows. Speeds up onboarding with no need for in-person verification or multiple people involved in the process. Reduces the help desk burden with fast biometric matching to verify the identity of a user calling the help desk. With identity verification in the help desk workflow, it eliminates the need to make assumptions about the user's identity. This dramatically increases the security and efficiency of the help desk process. Supports the following regulatory standards: National Institute of Standards and Technology (NIST) Special Publication (SP) 800-63A for digital identity guidelines NIST SP 800-53 for security and privacy controls Federal Information Processing Standard (FIPS) 201 for Personal Identity Verification (PIV) Executive Order (EO) 14028 for improving the nation's cybersecurity Cybersecurity Maturity Model Certification (CMMC) 2.0 for standardizing cybersecurity practices of contractors Learn more about Axiad Confirm or schedule a demo. About AxiadAxiad is an identity security company tackling the critical threats posed by compromised credentials, which account for more than 70% of enterprise breaches. As human and non-human identities multiply across disparate systems, traditional IAM tools fall short, leaving organizations with fragmented visibility and significant security gaps. Axiad bridges this divide by uncovering hidden identity risks and credential vulnerabilities, providing actionable insights to strengthen security—without requiring a complete system overhaul. Axiad's solutions integrate seamlessly with existing IAM infrastructures, enabling organizations to shrink their attack surface and adopt phishing-resistant, strong authentication methods. Trusted Identity. At the speed of now. Discover more at or follow Axiad on LinkedIn. View original content to download multimedia: SOURCE Axiad IDS, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
