.......The Reserve Bank of India says, ‘Banks should exercise due care and necessary precaution for the protection of the lockers provided to the customer.’ Banks may claim to have this in place, but this isn’t true in many cases. For instance, after a robbery at an Indian Overseas Bank branch in Chennai this year, police discovered that most bank branches in the city were yet to install basic safety devices such as security alarms and closed-circuit television (CCTV) cameras..........
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