google.com, pub-4417961591688198, DIRECT, f08c47fec0942fa0 google-site-verification: googledcc23757cdab3c4f.html Banks are loosing money... ~ bulls$treet

Ads Inside Post


Banks are loosing money...







The information was furnished by the Minister of State (MoS) for Finance in the Lok Sabha 
in response to a question regarding the number of ATM robberies, and the safety of financial
 outposts in the country. The data presented in the lower house of parliament includes 
incidents of robbery, dacoity, burglary, and theft directed at financial institutions in the last three years.

The banking sector lost a total of Rs 168.74 crore to organised crime directed at ATMs in the past 
three years. This includes figures for the first quarter of FY19. Between April and June 2018, 
261 incidents were reported, entailing a loss of of Rs 18.85 crore to banks.
For the financial year ended March 2018, the maximum number of untoward incidents in banks
 and ATMs was reported in Bihar. Financial institutions lost Rs 3.35 crore from a total of
 147 incidents. Security is also lax in Delhi and Haryana, where 53 and 49 ATMs were targeted, 
resulting in the loot of cash amounting to Rs 2.25 crore and Rs 3.34 crore respectively.

Uttar Pradesh has consistently ranked among the riskiest state for lenders. In 2017-18, 
there were 85 heists at ATMs, setting back banks by Rs 2.09 crore. West Bengal also 
witnessed over 100 such incidents in past financial year.

The number of such crimes at Indian bank branches and ATMs has remained relatively 
stable over the past three years. A total of 1,012 incidents were reported across 
the country in 2016-17, the highest in the past three years. The tally reduced
 marginally to in 2017-18.




Previous
Next Post »