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New Delhi: Banks in India cannot see, record or inspect the valuables customers store in bank lockers, Union Finance Minister Nirmala Sitharaman told the Lok Sabha during Question Hour on 30 March 2026. She said this would violate banking regulations and customer privacy, and ruled out the possibility of differential insurance coverage based on the contents of lockers. Under the current framework, standard insurance compensation for locker loss is capped at 100 times the annual locker rent, and ...Read More >
Mumbai, July 18 (SocialNews.XYZ) The Comptroller and Auditor General of India (CAG) on compliance audit has made a scathing observation over the "irregular" revenue waiver by the Maharashtra government of Rs 71.07 crore to the toll operator on the Mumbai-Pune Expressway for a period during the lockdown as a result of Covid-19 pandemic, officials said on Friday. The auditor report was tabled by Deputy Chief Minister Ajit Pawar in the Assembly on Friday. The audit report said that Mumbai-Pune Ex ...Read More >
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