9911796707
TMI BlogInstruction for Safety of Lockers in BanksX X X X Extracts X X X X X X X X Extracts X X X X ..... Instruction for Safety of Lockers in Banks X X X X Extracts X X X X X X X X Extracts X X X X ..... ps, having well-documented security procedures, properly training staff concerned in the procedure, and internal auditors ensuring that procedures are strictly adhered to. Further, as per an RBI communication to banks (in the context of an incident of bank burglary in which safe deposit lockers were broken open and jewellery reportedly taken away), the liability of the bank depends on the facts an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d circumstances of the incident and that despite the conditions of the lease agreement that lessees should insure the contents of the lockers, bank can be held liable if negligence is proved (having regard to the conditions of the strong room, the lockers, the safeguards, require in the light of the location etc.). As per inputs from Public Sector Banks (PSBs), during the last three financial yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rs and for the period up to 31.7.2018 in the current financial year, 43 cases of theft took place in the lockers of PSBs and the approximate amount of loss reportedly suffered by customers is ₹ 16.8 crore .State / Union territory-wise details of theft from bank lockers of PSBs, reported by PSBs during the said period, are at Annexure. PSBs have informed that FIRs were lodged in all the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cases, some arrests have been made by the police, and valuables worth ₹ 6.5 crore have been recovered so far in respect of these cases. As per inputs from PSBs, banks exercise reasonable care and precaution for the protection of the strong room and the lockers provided, and that security measures including security of locker rooms are reviewed periodically. To strengthen security of locker ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, banks also monitor access to locker rooms by CCTV cameras and install burglar alarms. Liability to compensate is governed by provisions of extant applicable laws, such as the Indian Contract Act, 1872, and as such, no specific legislation in this regard is proposed. Annexure Details of theft from bank lockers reported by Public Sector Banks during the financial years 2015-16to 2017-18and till ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 31.7.2018in financial year 2018-19 Amount in crore Rs. S. N. State / Union territory Number Amount 1 Andaman and Nicobar Islands 0 0 2 Andhra Pradesh 0 0 3 Arunachal Pradesh 0 0 4 Assam 0 0 5 Bihar 2 2.60 6 Chandigarh 0 0 7 Chhattisgarh 1 Not ascertainable 8 Dadar and Nagar Haveli 0 0 9 Daman and Diu 0 0 10 National Capital Territory of Delhi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 0 11 Goa 0 0 12 Gujarat 0 0 13 Haryana 0 0 14 Himachal Pradesh 0 0 15 Jammu and Kashmir 0 0 16 Jharkhand 1 Not ascertainable 17 Karnataka 0 0 18 Kerala 0 0 19 Lakshadweep 0 0 20 Madhya Pradesh 0 0 21 Maharashtra 30 3.26 22 Manipur 0 0 23 Meghalaya 1 Not ascertainable 24 Mizoram 0 0 25 Nagaland 0 0 26 Odisha 0 0 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7
Puducherry
0
0
28
Punjab
0
0
29
Rajasthan
0
0
30
Sikkim
0
0
31
Tamil Nadu
3
0.44
32
Telangana
0
0
33
Tripura
0
0
34
Uttarakhand
0
0
35
Uttar Pradesh
4
10.50
36
West Bengal
1
0
Source: Public Sector Banks
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written reply to a question in Lok Sabha. X X X X Extracts X X X X X X X X Extracts X X X X ..... ease - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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