Police said that Vijayachandran targeted the house, belonging to a businessman, on June 20 night days after he went there to repair an air-conditioner.
The move comes after RBI recently imposed a Rs 10 crore penalty on the bank. RBI said the decision was taken after examining documents pertaining to a whistleblower’s complaint.
In the first phase, geo-coordinate software has been uploaded in the GPS of 90 fishing trawlers in the district and nearby areas.
The sharks undertake their journeys in the open ocean where they encounter few physical features such as corals that could serve as landmarks.
BMC officials said the installation of GPS device will help authorities track movement of ambulances and estimate the time to shift the patient.
Under the new rules, such offenders who have served a prison sentence of a year or more will be automatically fitted with a tag on release.
The high-security registration board with GPS / GPRS networking is a system that helps in locating and identifying deep-sea fishing boats.
About 1,000 autos have been equipped with Internet of Things-enabled GPS devices in the city as part of the newly launched Abhayam App for women’s safety.