Banks Directed to Strengthen Security Measures

Swift Summary

• Anantapur Superintendent of Police (SP) P. Jagadeesh urged banks to enhance security measures as per Reserve Bank of India (RBI) guidelines.
• Key recommendations include:

– Installation of CCTVs at entry/exit points and latest HD cameras in ATMs; data to be stored in cloud.- Strengthening windows, grill gates, and use of high-quality locks for shutters.
– Background verification of outsourced/casual staff by police.
– Alarms linked to local police stations for robbery alerts or emergencies.

• Periodic inspection of security and fire safety equipment was emphasized alongside adequate nighttime lighting near bank premises.
• banks should raise customer awareness on cybercrimes, phishing, OTP frauds via campaigns, displaying emergency numbers prominently at branches.
• SP advised reporting cybercrimes on tollfree number 1930 followed by the NCRB portal for efficient response and justice delivery mechanisms.
• A poster on cybercrime awareness was released during the meeting.

Indian Opinion analysis

The directives from SP P. Jagadeesh signal a proactive approach toward bolstering physical security infrastructure while addressing growing concerns over cybercrime vulnerabilities in banking systems. The emphasis on technological solutions such as cloud storage for surveillance footage reflects modern strategies to ensure accountability and accurate tracking. Equally notable is the push for customer education through campaigns-this can empower individuals against fraud but requires sustained implementation across urban and rural areas alike.

The initiative aligns closely with RBI guidelines while promoting collaboration between law enforcement agencies and financial institutions. By standardizing crime reporting mechanisms through tollfree complaints via 1930,there is potential to streamline processes that otherwise face delays due to bureaucratic procedures. This will need coordination among banks, police departments, and customers for long-term efficacy.

These measures may serve as a template not only locally but potentially influence broader policy upgrades at the state or national level within India’s banking sector.

Read more: Published August 05, 2025