Thursday, March 1, 2012

Banks still slack about security

…………….According to retired bank officer M Govinda Rao, police need to approach the Reserve Bank of India to force subordinate banks to install CCTVs and physically fit guards. "Banks are reluctant to spend money on such essentials and only RBI can force them to act,'' he said. He also deplored the tendency of banks to not ensure iron grills around the cashier's chamber. Anyone can take money out of a cash counter in the present situation, he added……………
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