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Business News » Companies News

Nearly Rs 50 crore robbed from banks between April to June this year

The State Bank of India reported second highest amount involved in robbery, Rs 12.91 crore. 

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Nearly Rs 50 crore robbed from banks between April to June this year
The total number of fraud incidents have dropped from 596 cases in 2313-14 to 698 cases in 2014-15. Photo: Pixabay

From April to June, 2016, the banks have reported a total of 276 incidents of robbery, theft, dacoity and burglary, involving a total amount of Rs 48.30 crore, Ministry of Finance said on Friday.

Replying to a Lok Sabha question, Santosh Kumar Gangwar, Minister of State, Ministry of Finance, said that though ICICI Bank reported just eight robbery cases in April-June period, but the amount involved was the highest at Rs 22.85 crore. The amount was highest among all the banks that had reported the theft cases during the period.

The State Bank of India reported second highest amount involved in robbery, Rs 12.91 crore. 

Recently formed Bandhan Bank reported highest number of fraud cases, which was 78 incidents in just three months, the Ministry said.

The total number of fraud incidents have dropped from 596 cases in 2313-14 to 698 cases in 2014-15, to 922 cases in 2015-16, the Ministry added.

When asked about the steps taken by the government to strengthen the security of cash vans/ATMs/banks in the country, Gangwar said, "RBI advises Banks from time to time to enhance security arrangements at their branches and ATMs. These include coverage of ATM sites by CCTVs and ensuring adequate training of security staff posted at ATMs. Banks have also been advised to review and strengthen the security arrangement in their branch ATMs to deal with instance of robbery etc. and for dealing with risk perceptions emerging from such incidents".

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TAGS:
Bank fraudBank robberyLok SabhaMinistry of FinanceICICI BankBandhan Bank
Written By: ZeeBiz WebTeam
Updated: Fri, Nov 18, 2016
02:26 pm
Mumbai, ZeeBiz WebDesk
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