The terrorists have looted a bank in Jammu and Kashmir's Kulgam area. The incident took place in a branch of Jammu and Kashmir Bank in Qaimoh area, said reports.
Last year, there were several banks looted by the terrorists in Kashmir. On October 12, 2017, Terrorists on Thursday looted Rs 5,39,000 cash from J&K Bank branch in Marhama Sangam in Anantnag district.
In 2017 June, terrorists looted a bank at Anantnag in Jammu and Kashmir. The terrorists robbed the bank at gunpoint, reports stated.
There were several successful attempts at robbing banks in the Valley since November 8, 2016, when demonetisation was announced, suggesting that the terrorists are facing a cash crunch.
On July 11, 2017, an attempt to rob a bank in Shopian was made. However the police had foiled that attempt.