This is the third part of Lock Key, a series that looks at how India's bank locker system works, the risks involved, and what ...
Finance Minister Nirmala Sitharaman stated on Monday that, in the event of a loss of items kept in a locker, a bank may ...
Banks provide locker holders compensation fixed at 100 times the annual locker rent in case of loss, Nirmala Sitharaman said ...
The Union government has defended the existing cap on compensation for loss of valuables kept in bank lockers, stating in Parliament that banks neither assess nor have knowledge of the contents stored ...