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https://www.financialexpress.com/mo...ur-valuables-here-is-a-better-option/1553970/
Is bank locker the safest option to store your valuables? Here is a better option
Updated: April 20, 2019 1:59 PM
Even today, the most common and traditional method of securing these valuables is by keeping them in bank lockers.
All you need to know about the bank locker insurance policy
In India, the importance of jewellery has been great and is considered as the main element of Indian culture and tradition. Even today, the most common and traditional method of securing these valuables, preferred by most Indians, is by keeping them in bank lockers. But the question is “Are bank lockers the safest options to store your valuables?”. It is obvious that bank lockers are more secure and reliable to keep the valuables as compared to your home. However, considering that these bank lockers are the “Safest Option” is not completely correct.
There has been a substantial increase in the number of bank robbery in India in the last few years. As per statistics, banks in India have lost more than Rs.235 crore in the last five years due to incidents of burglary, robbery, dacoity and theft. The number of such acts has been increasing in the last few years. Hence, it is very significant to analyze and understand how safe these bank lockers are to keep your valuable which are purchased from your hard earned money.
However, Bank Locker Insurance Policy is the perfect solution for your concerns as it protects the contents of your bank lockers and ensures that you stay tension free.
Features of the policy
By opting for this policy, the policyholder is provided with coverage for jewellery and other valuables kept in a bank locker. It also offers an add-on cover that insures important documents kept in a bank locker. Even the entire process including the claim process is quite easy and hassle-free. It needs a self-declaration up to a specific limit. In addition to this, the policy can be sold both as group policy and as a retail policy for banks.
What does the policy cover?
The policy covers the damage or loss caused to the contents of the bank lockers if there is an occurrence of an accident, infidelity of bank staff, burglary or holdup. Moreover, it also covers the contents if there is an act of terrorism.
Under this policy, documents such as share and stock certificates, deposit receipts, title deeds, manuscripts and plans, passport, insurance policy, title deeds and other personal records and certificates are covered.
Exclusions
Some of the major exclusions include any excess mentioned in the policy schedule, any items which are not stored within a secured bank locker, unexplained loss or mysterious disappearance from the locker, any loss in value or loss due to accounting errors or omission or any claim due to the unauthorized use of the documents.
The bottom line is that though banks have their own security measures but they cannot guarantee that your valuables are not stolen and hence the Bank Locker Policy helps in bridging the gap by offering a shield to your valuable contents stored in a bank locker.
Is bank locker the safest option to store your valuables? Here is a better option
Updated: April 20, 2019 1:59 PM
Even today, the most common and traditional method of securing these valuables is by keeping them in bank lockers.
All you need to know about the bank locker insurance policy
In India, the importance of jewellery has been great and is considered as the main element of Indian culture and tradition. Even today, the most common and traditional method of securing these valuables, preferred by most Indians, is by keeping them in bank lockers. But the question is “Are bank lockers the safest options to store your valuables?”. It is obvious that bank lockers are more secure and reliable to keep the valuables as compared to your home. However, considering that these bank lockers are the “Safest Option” is not completely correct.
There has been a substantial increase in the number of bank robbery in India in the last few years. As per statistics, banks in India have lost more than Rs.235 crore in the last five years due to incidents of burglary, robbery, dacoity and theft. The number of such acts has been increasing in the last few years. Hence, it is very significant to analyze and understand how safe these bank lockers are to keep your valuable which are purchased from your hard earned money.
However, Bank Locker Insurance Policy is the perfect solution for your concerns as it protects the contents of your bank lockers and ensures that you stay tension free.
Features of the policy
By opting for this policy, the policyholder is provided with coverage for jewellery and other valuables kept in a bank locker. It also offers an add-on cover that insures important documents kept in a bank locker. Even the entire process including the claim process is quite easy and hassle-free. It needs a self-declaration up to a specific limit. In addition to this, the policy can be sold both as group policy and as a retail policy for banks.
What does the policy cover?
The policy covers the damage or loss caused to the contents of the bank lockers if there is an occurrence of an accident, infidelity of bank staff, burglary or holdup. Moreover, it also covers the contents if there is an act of terrorism.
Under this policy, documents such as share and stock certificates, deposit receipts, title deeds, manuscripts and plans, passport, insurance policy, title deeds and other personal records and certificates are covered.
Exclusions
Some of the major exclusions include any excess mentioned in the policy schedule, any items which are not stored within a secured bank locker, unexplained loss or mysterious disappearance from the locker, any loss in value or loss due to accounting errors or omission or any claim due to the unauthorized use of the documents.
The bottom line is that though banks have their own security measures but they cannot guarantee that your valuables are not stolen and hence the Bank Locker Policy helps in bridging the gap by offering a shield to your valuable contents stored in a bank locker.
New Delhi: Reliance Jio Infocomm Ltd, India’s most profitable telecom operator, has witnessed a continuous drop in its average monthly billings over the past five quarters and although it still outperforms rivals on this metric, analysts say the slide may finally put pressure on the company to raise tariffs.
https://www.livemint.com/industry/t...ay-be-good-news-for-sector-1555869189915.html
https://www.livemint.com/companies/...ri-s-exit-may-be-a-concern-1555873370301.html
MUMBAI: What happens to a bank with a stellar performance if the leader behind the strong run has to leave? Investors ofHDFC Bank Ltd have a year and a half to find the answer.
HDFC Bank’s chief Aditya Puri may have to hang up his boots midway in FY21 due to a rule that sets 70 years as the maximum age for top banking executives to hold office.
Some analysts fear that Puri’s shoes are too large to fill, and a fitting successor is yet to emerge after his deputy Paresh Sukthankar left last year. Under Puri’s watch, HDFC Bank became the largest lender. It has consistently bucked the broad sector trend for years now. Even in FY19, when rivals had a bad run, HDFC Bank reported profit growth of 20.5%, something investors have taken for granted now.
MUMBAI: What happens to a bank with a stellar performance if the leader behind the strong run has to leave? Investors ofHDFC Bank Ltd have a year and a half to find the answer.
HDFC Bank’s chief Aditya Puri may have to hang up his boots midway in FY21 due to a rule that sets 70 years as the maximum age for top banking executives to hold office.
Some analysts fear that Puri’s shoes are too large to fill, and a fitting successor is yet to emerge after his deputy Paresh Sukthankar left last year. Under Puri’s watch, HDFC Bank became the largest lender. It has consistently bucked the broad sector trend for years now. Even in FY19, when rivals had a bad run, HDFC Bank reported profit growth of 20.5%, something investors have taken for granted now.
Feeling nostalgic. Anyone here (other than ST Da, Pratap Sir and VJAY ) from there? Remembering the days of Level 1, Level 2 and Level 3 
What you have marked is a long sideways move ,its upper boundry can be taken as many VPHs and lower boundry can be taken as many VPLs......these boundries breaking by a few points dont change visual pivots into major pivots.Look at the chart from a distance and not through a microscope . If you mark pivots wrong then your analysis and trades will go for a loss. It may be a good idea to revisit rally/decline, minor pivots and trends, visual pivots and trends and major trends again for more clear understanding.
After sideways VPH/VPL the market broke down the lower boundry and the major downtrend continued....
Smart_trade
After sideways VPH/VPL the market broke down the lower boundry and the major downtrend continued....
Smart_trade
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