Wednesday, June 6, 2012

Bangalore police get tough on slipshod bank security

Police in the R.T. Nagar district of Bangalor have instructed insurance companies not to pay out claims to banks unless the bank presents a certificate from the police. The action is in response to an ongoing problem in which robberies are carried out against banks and armoured cars, and are later found to have been the result of the bank's failure to follow RBI guidelines for security while transporting cash, said an article at DNA India................

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