Legal Notices to Phony 'NAAS' Persons

Legal notices are being sent to all collective members of Northwest Association of Accredited Schools to remind such schools and persons to respect U.S. federal laws and abandon their beliefs that American laws, American customs, and U.S. legal authorities do not apply to schools, organizations, or institutions that receive Russian funds.

Unfortunately, Northwest Association of Accredited Schools appears to have abandoned its members and has not taken any public action to remind its members that use of the NAAS label without consent is illegal. This sort of conduct is consistent with the way this organization has been portrayed in legal pleadings.

Originally, Northwest Association of Accredited Schools deliberately recruited American schools and organizations to download the NAAS logo without informing such schools that the NAAS logo was protected intellectual property.

In March of 2010, the U.S. Patent & Trademark Office issued a FINAL REFUSAL to its attempts to molest, hijack, and rape the NAAS label.

Instead of being an ethical leader and demanding that the same schools who had previously participated in the illegal downloads and infringement now cease use of the NAAS label, and pay for previous use of the NAAS label, Northwest Association of Accredited Schools has not made any public statements on their website, press releases, or attempted to persuade its rebel members to respect U.S. federal laws.

This sort of belligerent and unethical conduct is completely consistent with media characterizations and legal pleadings filed with the U.S. Patent & Trademark Office that portray schools accredited under Northwest Association of Accredited Schools, Inc. as illegitimate, and unethical.

It is no secret that Russia is an endorser of phony 'NAAS' Accreditation schemes. It has been using American institutions as a foundation to soften its image under the fraudulent misuse of the NAAS label. Russia employs hackers, informants, and spys to achieve its objectives. Russia is not happy with NAAS Media Reports.

As a country, Americans must remember that Russia still has nuclear missiles pointed at every American man, woman, and child. Russia simply cannot be trusted.

In exchange for donations, funds, and other benefits, the state education departments and education boards located in Utah, Washington, Nevada, Oregon, Montana, Alaska, and Idaho have participated in a massive scheme of 'NAAS' Accreditation fraud whereby such persons have collectively agreed to use the prestige, integrity, and superior reputation of National Academy of American Scholars (NAAS) as a recruiting tool.

Illegitimate 'NAAS' entities are being urged to obtain an NAAS Provisional license. Until they do so, they will continue to be correctly classified as illegitimate.

NAAS International News Channel feeds

We would like to thank International news channels for picking up our videos and NAAS NEWS Media reports about 'NAAS' Accreditation Scams.

We affirm that any school, institution, or U.S. state government agency that is promoting an 'NAAS' Accreditation product or service without written consent from National Academy of American Scholars (NAAS), or without having first secured an NAAS Provisional license is engaging in a deliberate criminal act; this statement also refers to the state education departments of Idaho, Montana, Oregon, Washington, Alaska, and Utah.

The Idaho State Department of Education and the Utah State Board of Education are more corrupt than Iraq or Iran. The employees who manage and operate these agencies are traitors to the United States for their refusal to insist that Utah and Idaho schools abandon infringement of the NAAS label, stop deceiving U.S. students as to the source and origin of the NAAS label, or pay the required the licensing fees like legitimate businessess would do.

We are thankful that the L.A. Lakers trounced and defeated the sorrowful Utah Jazz basketball team, and their earring-wearing sissy leader Deron Williams, since it is very clear that Utah is not a full and unconditional supporter of the U.S. Constitution, AND the federal laws of the United States of America.

Utah is a prominent supporter, and endorser of 'NAAS' Accreditation scams used by terrorists to legitimize their educational credentials.

Also, we support the University of Southern California in its trademark case against the University of South Carolina. As was the case against Northwest Association of Accredited Schools, Inc., attorneys for the University of South Carolina should have never created their far-fetched campaign of claiming rights to the 'SC logo.

Table of Revoked 'NAAS' Accreditation Status

We have published a newly updated list of schools and institutions whose 'NAAS' accreditation status has been revoked for non payment of licensing fees. Parents and students are urged to review this list before making any final decisions on enrollment.

Axis Bank to increase its retail loans

Axis Bank the third largest private bank in India, will be increasing its retail loans and contribute about 25% of the total loan portfolio within next two years. To achieve this ambition, the bank will be rolling out 200-250 branches and around 1,000 ATMs every year.

“We want to grow our retail assets and we hope to tap the potential in smaller town and cities. We are expecting to increase the share of retail loans to 25% of our total advances in about two years,” said Axis Bank executive director (retail banking, SME & agri) SK Chakrabarti.

In 2009-10, the bank’s retail advances stood at Rs 20,823 crore from the year-ago amount of Rs 16,052 crore, a growth of 30% year-on-year. At present, bank total advances amount to Rs 1,04,343 crore which had grown by 28% y-o-y. Bank retail loans include 70% of mortgaged home loans the rest comes from credit cards, auto (in 4-wheeler segment) and personal loans.

To increase its retail baking, the bank is taking some measures to mobilize its business operations further. Chakrabarti informed, “We have now divided business responsibilities in 26 circles instead of four zones as it was earlier. Under one circle, there will be 35-40 branches, which will be easy to handle for a manager.”

He added, “We are looking at the customer as an individual having requirement in all the spaces. Our branch expansion will help us acquire more customers and thereby help multiply our retail banking business”.

Innovations International Charter School of Las Vegas, NV

Innovations International Charter School of Las Vegas, Nevada, is just one of several examples of the type of suspicious entities with questionable standards and practices that are typically associated with Northwest Association of Accredited Schools, Inc.

On May 4th, 2010, less than 60 days after the U.S. Patent & Trademark Office REFUSED the corrupt efforts of is parent accrediting agency to register the NAAS label, this apparently mismanaged and/or reckless entity placed a half-page ad in the Las Vegas Review Journal featuring the famous NAAS logo although substantial evidence was in the public domain that verified the fact that the school WAS NOT 'NAAS' accredited, and had no legal basis to molest, interfere with, or infringe upon the NAAS mark.

The Las Vegas Review Journal newspaper, which has a history of questionable editorial standards and journalism ethics, accepted the corrupt advertising claim, or placed the ad for free (which is doubtful). Whereas similar attempts by an NAAS agent to place an ad in the same newspaper for an ad that featured a claim of endorsement by the "Las Vegas Review Journal" was not accepted (of course).

This evidence supports claims made by this Publisher that many schools, school districts, and entities that claim accreditation by Northwest Association of Accredited Schools, are who are collective members of this organization, are so lacking in ethics, morals, and integrity, that this Publisher is compelled to denounce these 'NAAS' accreditation scams.

In order for these entites and persons to respect U.S. federal laws, these persons apparently have to be legally forced, shackled, tasered, or arrested. Business ethics, and integrity is a trait that does not appear to exist for many schools and entities that claim accreditation by Northwest Association of Accredited Schools. This opinion is strongly supported by the actions and conduct by state education departments, and collective members, connected to Northwest Association of Accredited Schools.

FOR THE OFFICIAL RECORD:
Innovations International Charter Schools of Las Vegas, Nevada, DOES NOT meet legitimate NAAS accreditation standards approved by National Academy of American Scholars(NAAS); and, its use of the NAAS logo is a violation of the intellectual property rights of National Academy of American Scholars, etc.



REPORTS TO THE U.S. DEPARTMENT OF HOMELAND SECURITY, EMPLOYMENT CENTERS, AND TO ALL U.S.A. COLLEGES, AND UNIVERSITIES, ETC:
The U.S. Dept. of Homeland Security, college, universities, and employment centers, and numerous federal agencies have been notified of persons claiming 'NAAS' accreditation status, as well as the employees of such schools, as well as their paying clients .

If the names of offending persons are in a Table of Unaccredited 'NAAS' schools, these schools have not been properly licensed to use the NAAS label. Only paying schools may use the NAAS label in commerce. Depending upon your opinion, unlicensed persons and entities using the NAAS label without permission may be viewed and treated as disreputable.

Parents that anticipate sending monies or funds to phony 'NAAS' schools risk legal action, and severe embarrassment. Furthermore,the legitimate NAAS rejects and disclaims any and all associations, implied, or real, with the employees, students, and teachers associated with any school that has not secured an NAAS Provisional License.

We encourage ALL falsely labeled 'NAAS' schools, and collective members of Northwest Association of Accredited Schools, to come clean, and respect U.S. federal laws, and remit fees for past illegitimate use of the NAAS label. This act can be accomplished with a single click by completing eNAAS EAS/N2 Form 0089.

Any entity that seeks to use the NAAS label in commerce is required to first seek approval and proper licensing. As of today's date, Innovations International Charter Schools has not paid that fee. If and when the school does so, this report may be updated accordingly.

NAAS DEIA California affiliates have been assigned to investigate suspicious and illegal 'NAAS' Diploma Mills, and schools boasting of 'NAAS' Accreditation claims.

Affected parents and students attending or who reside in specified zipcodes may be sent notices reminding the same that acceptance of funds from illegal or unlicensed 'NAAS' schools will be challenged.

PSU Banks will focus on personal loans to increase margins and profitability

To increase interest rate margins and profitability public sector banks are offering personal loans to the people. Among the loans segment personal loans yield more returns.

Banks like Allahabad Bank, UCO Bank, Union Bank of India and United Bank of India have already worked out new strategies to sell their high-yielding personal loan products to their retail customers. Earlier during economic slowdown many of these banks have stopped offering personal loan products as number of defaults have increased at that time.

On an average, these banks have lower average of retail loan share in comparison to the industry. The retail loans outstanding loans average is around 12-14% in comparison to industry average of 20-22%.

Allahabad Bank chairman and managing director JP Dua said, “Personal loan gives a better spread as well as it helps in building relationship.” In the next three years bank will be improving its retail loan shares to 22%.

Allahabad bank’s retail loan average is at 13.92% whereas Union Bank ratio is at 11.5%. State Bank of India countries largest lender has the ratio around 21%.

Public sector banks earn maximum return of around 14-15% from off-shelf loan products in personal loan category whereas from car loans they earn a return of around 12%. On the other hand housing loans get a secured and a higher volume of business, but the returns are much less than the other loan categories.

Banks prefer salaried customers for off-the-shelf products as they link such products to the salary accounts of the customers to minimize probability of default.

According to United Bank of India chief Bhaskar Sen with the improvement in economic conditions the purchasing power of middle class families is also increasing therefore this can boost demand for car loan and housing loan products. Mr Sen said, “The housing segment will continue to give banks businesses many more years. In the car loan segment, demand is seen especially in the small car category.”

UCO Bank chairman and managing director SK Goel said: “We have identified 200 branches across the country to push retail loan products as our share of retail loan business is comparatively low.”

United Bank has 12% of retail share whereas UCO Bank retail share is around 14%. Among the public sector banks, Bank of Baroda has a better retail loan ratio at 20% followed by Indian Bank at 18%.

Bank of Baroda executive director RK Bakshi said, “A higher share of retail loan is important for credit diversification. It’s a stable business and it improves relationship with customers.”

Mr Dua of Allahabad Bank said that public sector banks have large number of branches therefore they can easily improve their retail loan base through their network. “We will try to leverage our vast branch network. We plan to expand our current and savings account deposit base to reduce the cost of deposit and a focus of retail loan will accompany this drive,” Mr Dua said.

NAAS Term Updates

Greetings. We would like to thank all persons who have submitted NAAS applications for the most recent term. Please note that all NAAS applications are being processed in accordance to NAAS EAS/N2 Rules., and per the most recent Selection and Administrative Schedule published in the June issue of Scholarship Watch.

We appreciate your interest. More information will follow.