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Pune: Fire Breaks Out At SBI’s Shikrapur Branch Early Morning, Losses Being Assessed

Pune Fire Breaks Out At SBI’s Shikrapur Branch Early Morning Loses Being Assessed
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Pune, October 23, 2024: A fire broke out at the Shikrapur branch of the State Bank of India (SBI) due to a suspected short circuit. The incident occurred at early morning today, sending panic through the local community.

Eyewitnesses reported seeing flames engulfing the bank’s premises, prompting immediate action from the fire department. Fire brigade teams rushed to the scene and are currently battling the blaze.

“We received a distress call and immediately dispatched our teams to the location,” said a fire department official. “Our priority is to contain the fire and prevent further damage.”

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While no casualties have been reported, concerns are mounting about potential financial losses. As a major banking institution, the SBI Shikrapur branch houses sensitive financial documents and valuable assets.

“The fire has caused significant damage to the bank’s infrastructure and potentially compromised sensitive financial data,” said a bank official, requesting anonymity. “The extent of the financial loss is still being assessed.”

An investigation into the cause of the fire has been launched, with preliminary indications pointing to a short circuit.

The incident has raised concerns about fire safety and security measures in place at financial institutions. Authorities are working to determine the full extent of the damage and assess the financial implications.