A network-related or instance-specific error occurred while establishing a connection to SQL Server. The server was not found or was not accessible. Verify that the instance name is correct and that SQL Server is configured to allow remote connections. (provider: Named Pipes Provider, error: 40 - Could not open a connection to SQL Server) ATMs in cities not to be replenished with cash after 9pm: Govt, National : Today Indya

Latest News

  • Home
  • National
  • ATMs in cities not to be replenished with cash after 9pm: Govt
ATMs in cities not to be replenished with cash after 9pm: Govt
Friday, December 15, 2017 IST
ATMs in cities not to be replenished with cash after 9pm: Govt

HIGHLIGHTS
*The deadline for putting money in the ATMs in rural areas would be 6pm, and 4pm in Naxal-affected
  districts.
*Also, specially designed cash vans, fitted with CCTVs and GPS, must not carry more than Rs 5 crore per
  trip.
*These are part of the new SoPs proposed by govt for private security agencies carrying out the task of
  replenishing ATMs.
 
 
NEW DELHI: Concerned over incidents of attack on cash carrying vans, the government has proposed that ATMs should not be replenished with cash after 9pm in cities and private cash transportation agencies must collect money from the banks in the first half of the day, officials said.
 

 
 

The deadline for putting money in the ATMs in rural areas would be 6pm, and 4pm in Naxal-affected districts. Also, specially designed cash vans, fitted with CCTVs and GPS, must not carry more than Rs 5 crore per trip.
 
Two armed guards and a driver in each van must be trained to "disengage with the situation and drive vehicle to safety" in case of an attack, a home ministry official said.
 
These are part of the new SoPs proposed by the home ministry for private security agencies carrying out the task of replenishing ATMs. Nearly 8,000 private vans ferry around Rs 15,000 crore daily between banks, currency chests and ATMs across the country.
 
An additional Rs 5,000 crore is held up overnight by private security agencies in their private cash vaults on behalf of the banks.
 
The SoPs have been prepared after a spurt in attacks, hijacking and looting of cash vans which are seen as soft targets.
 
The SOPs have been sent to the law ministry for a detailed vetting and once approved, the guidelines will be issued to all state governments for implementation, the official said.
 
The government has proposed that for replenishment in ATMs, cash transportation agencies must collect money from the bank in the first half of the day and no cash loading of the ATMs or cash movement should be done after 9pm in urban centers across India.
 
Per trip, a cash van cannot carry more than Rs 5 crore, the new SOPs have proposed.
Specially designed and secure cash vans must be compulsorily deployed for carrying cash of over Rs 5 lakh per trip.
 
All cash transportation and ATM cash replenishment activities must only be carried out by operational staff who have undergone thorough antecedent check.
 
All state controlling authorities for Private Security Agencies Regulation Act, 2005 have been advised to enforce the above guidelines on all cash van agencies and review compliance from time to time.
 
Such vans must have two independent compartments, with the one for storing cash to be separated and locked from passenger compartment and the cash compartment being specially reinforced with steel and with one door which can be opened internally through a manual or electronic lock, another official said.
 
Every cash van must have the following minimum staff on board for every single cash transportation service -- one driver, two armed security guards and two ATM Officer or custodians, according to the guidelines
Cash van must always be escorted by two trained armed security guard on board.
 
More than two armed security guard may be deputed on a cash van depending on the amount of cash carried and as per individual company's insurance guidelines/ client contract/terrain of operation.
 
Antecedent check of all personnel involved in cash transportation operations is a must.
 
Licensed private security would be responsible to comply with the checks before an individual is allowed to participate in cash transportation and ATM cash replenishment operations.
 
All personnel involved in cash transportation and ATM cash replenishment activities must be adequately trained and certified, the guidelines said.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 64K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 10K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 9K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 8K views . 83 min read
 

 
 

More in National

 Article
CBSE Class 12 Hindi Core paper 2018 analysis: Students give mixed response

CBSE Class 12 Hindi Core paper analysis: Some of the students said the paper was easy and scoring and others found it time-consuming.

Recently posted. 814 views . 0 min read
 

 Article
Triple Talaq bill passed in Lok Sabha: Who said what

Congress, TMC, AIADMK and RJD staged walkout soon after Law Minister Ravi Shankar Prasad concluded his reply.

Recently posted. 754 views . 0 min read
 

 Article
India home to 101 billionaires, Mukesh Ambani richest Indian: Forbes

New York: India is home to world's fourth highest number  of extremely  billionaires with Reliance Industries boss Mukesh Ambani driving the club of m...

Recently posted. 985 views . 20 min read
 

 Reviews
Top Schools in Delhi-NCR



Recently posted . 4K views . 126 min read
 

 Article
Virginity tests of brides in Kanjarbhat community serious concern: NCW

The National Commission for Women (NCW) has expressed serious concern over a media report about virginity tests of brides being forcefully conducted in the nomadic ...

Recently posted. 682 views . 1 min read
 

 Article
Rajasthan Teacher Thrashes Class X Student Repeatedly, Video Goes Viral

In the video, the teacher, Jagmohan Meena, is seen repeatedly slapping the class 10 student of Swami Vivekanand Model School in Deedwana village.

Recently posted. 820 views . 1 min read
 

 
 
 

   Prashnavali

  Thought of the Day

"Whenever you see a successful person you only see the public glories, never the private sacrifices to reach them."
Vaibhav Shah

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top