Crores of rupees stolen from ATMs; how safe is money in banks?

The misery of the Indian banking sector is not limited to the banks as even ATMs are not immune to incidents of theft and loot. Around Rs 54 crore has already been lost in ATMs, in-branch or in-transit phase for scheduled commercial banks and a few financial institutions (FIs) in the current fiscal year till […]

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/3aXTgLT