Currency notes worth over Rs 1 crore were reduced to dust in the chest of
State Bank of India (SBI) in Uttar Pradesh's Barabanki district, officials said on Thursday.
The mutilated notes were found in the chest on Wednesday. Apparently, termites ate the stacks of notes.
An SBI chest normally contains Rs 50 crore cash for disbursement. The officials at the bank remained non-committal about the amount of cash destroyed. However they estimated that the loss of currencies could be worth over Rs 1 crore.
The Reserve Bank of India (RBI) has been informed about the incident and anti-termite treatment was underway at the branch.
Branch Manager Sunil Dwivedi said, "I am not sure where the termites came from, but as you can see this building is quite old. Anti-termite treatment is now underway."
Courtesy: Headlines Today