RBI asks banks to grout ATMs to wall, pill or floor to enhance security

Based on the recommendations of the Committee on Currency Movement (CCM), the Reserve Bank have directed banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end, except those installed in high secured premises such as airports, to enhance security of the cash vending machines. The committee to review the entire gamut of security of treasure in transit is chaired by Shri D.K. Mohanty.

Source: Economic times

Static/Current Takeaways Important For LIC AAO/ADO Mains 2019:

  • RBI 25th Governor: Shaktikant Das
  • Headquarters: Mumbai, Founded: 1 April 1935, Kolkata

Find More Banking Related News Here

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *