22 Apr '11, 10am

Termites eat millions of Indian rupees in bank

Termites eat millions of Indian rupees in bank

An army of termites munched through 10 million rupees (S$274,000) in currency notes stored in a steel chest at a bank. -- PHOTO: CHINA PRESS LUCKNOW (India) - IT was an all you can eat buffet at the bank. An army of termites munched through 10 million rupees (S$274,000) in currency notes stored in a steel chest at a bank, police in northern India said on Friday. The bank manager discovered the damage when he opened the reinforced room in an old bank building on Wednesday, police officer Navneet Rana told The Associated Press. 'It's a matter of investigation how termites attacked bundles of currency notes stacked in a steel chest,' he said. The money was put in the chest in January. The termites had damaged bank furniture and documents in the past. The police have registered a case of negligence against bank officials in Barabanki, a town 30km south-west of Lucknow, the Utt...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

Tweets

Termites eat up millions in Indian bank: By Kan Yoon-seung INDIA- Police in India are investigating a case where...

Termites eat up millions in Indian bank: By Kan...

asiaone.com 26 Apr '11, 4am

INDIA- Police in India are investigating a case where 10 million rupees (S$275,000) were reportedly missing after a raid. ...

Money - Malaysian central bank reserves at $151b: KUALA LUMPUR - MALAYSIA'S central bank said on Friday its inte...

Money - Malaysian central bank reserves at $151...

straitstimes.com 22 Apr '11, 11am

Zeti Akhtar Aziz, governor of Bank Negara Malaysia, attends the Invest Malaysia 2011 conference in Kuala Lumpur, Malaysia,...

India bank loans up 22 pct on year as of April ...

sg.news.yahoo.com 22 Apr '11, 2pm

MUMBAI , April 22 (Reuters) - Indian bank loans rose 22 percent on the year as of April 8, the central bank's weekly stati...

Indian guru Sai Baba close to death: doctors: H...

channelnewsasia.com 21 Apr '11, 6am

HYDERABAD, India: Doctors treating Indian spiritual leader Sai Baba, one of the country's most famous gurus, said on Thurs...

Tens of millions live in nuclear 'danger zone'

straitstimes.com 23 Apr '11, 12am

PARIS - SOME 90 million people worldwide live within 30km of a nuclear reactor, equivalent to the exclusion zone around Ja...