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Bank Robbery

Big Robbery in SBI Gujarat, Rs.50 lakh cash looted

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In a daylight robbery, a gang of armed robbers looted a branch of State Bank of India (SBI) in Gujarat’s Surat city. Robbers looted Rs 50 lakh in cash after threatening the staff and customers at gunpoint.

The robbery took place at the SBI’s branch in the Varachha area of the city. Watch video below.

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The gang of five armed robbers reportedly disabled the alarm system of the bank and snatched mobile phones from both employees and customers to prevent them from informing the authorities.

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Preliminary information suggests that approximately Rs 50 lakh in cash was looted, specifically funds held by the cashier and the cash box brought by the CMS cash-deposit vehicle.

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.
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