https://www.taxtmi.com/article/detailed?id=10389 Banks are liable for loss of safe deposit locker contents caused by events such as fire, theft, burglary, dacoity, robbery, building collapse or fraud by bank employees; regulatory instructions tie compensatory liability to a multiple of the prevailing annual locker rent and impose on banks an affirmative duty to secure premises and prevent such incidents, limiting banks' ability to disclaim liability for failures of due diligence. en-us Tue, 10 May 2022 10:45:36 +0530 Thu, 12 May 2022 14:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10389 Banks are liable for loss of safe deposit locker contents caused by events such as fire, theft, burglary, dacoity, robbery, building collapse or fraud by bank employees; regulatory instructions tie compensatory liability to a multiple of the prevailing annual locker rent and impose on banks an affirmative duty to secure premises and prevent such incidents, limiting banks' ability to disclaim liability for failures of due diligence. Articles Other Topics Tue, 10 May 2022 10:45:36 +0530 https://www.taxtmi.com/article/detailed?id=10389