SBI to conduct fire safety audit in various branches across the country

The measure comes in the wake of the fire accident took place in a major branch premises in Chennai

BS Reporter Chennai
Last Updated : Jul 14 2014 | 5:39 PM IST
State Bank of India (SBI) would be looking at conducting a Fire Safety Audit in various branches across the country to ensure the safety of its branches, in the backdrop of the fire accident occured in its age old branch in Parry's, in Chennai. While the branches go through the audit as a regular procedure, the security measures would be counter-checked in the backdrop of the accident, said P S Prakash Rao, Chief General Manager, SBI.

Speaking to the reporters in the sidelines of opening the relocated Rajaji Salai Branch, one of the three branches operating in the building in Parry's, Chennai, where the fire broke out on Saturday afternoon, Rao said that all its branches has various fire safety measures in place.

The Bank is taking all steps for the convenience of the customers. He added that while the furniture and some of the files were damaged in fire and water, while there is no data loss, since the soft copy of the real time data were saved in computers. The deposits and valuables of the customers are safe.

The assessment on the potential loss due to the fire in the premises of the Bank's Chennai Main Branch building, where the two customer facing branches - Chennai Main Branch and Rajaji Salai Branch - along with SME Chennai Branch, has not been completed, he said. Fire broke out in the premises at around 3.30 in the afternoon on Saturday, which was later controlled by the fire fighters.

On Monday, the Bank announced that the Chennai Main Branch will now function at the Broadway Branch, Rajaji Salai Branch at Station Road, Egmore and SME Chennai Branch at SME T Nagar Branch, T Nagar, in Chennai city. All the safety lockers with the valuables of the customers were shifted to the new building and the Branch has started operations, he added.

"We assure our valued customers that we are making all efforts to ensure that there is no inconvenience caused to them," said an announcement from the Bank. The branches would work from these locations until further notification. The Bank has around 200 branches in Chennai city alone, said Rao.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 14 2014 | 5:28 PM IST

Next Story