Telangana Co-op Banks: Gold found

Huge amount of gold and some cash found from the cooperative banks of newly formed Telangana State has thrown open the debate about their security arrangements.

The lax security of cooperative banks was exposed when about 36 kg gold and Rs 10,000 were stolen from the two cooperative banks in Warangal..

Police found the booty abandoned the backyard of a provision store in Ambatipalli. The carelessness of cooperative banks about security arrangements has caused tongues to wag.

Some local cooperators have condemned the incident and called upon the banks to ensure tight security of their invaluable assets.