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Is This Why ‘Militants’ Are Targeting Banks In Kashmir?

Published on 7 May, 2017 at 11:11 am By

The Kashmir Valley has been rocked by a series of robberies and attempted bank robberies in the past few months.



While the people of Kashmir are suffering because of the constant attacks and the repercussions it is leading to, Jammu and Kashmir Police believes its a sign of how “cash-starved” the militants are.

“For any militant organisation to thrive, you need funds and weapons and when there is a scarcity of these, it turns to robberies and weapon snatching. Besides that, through robberies you are making news and creating chaos.”

They further elaborate that the militants are trying to keep the funds flowing and that these robberies are being instigated and initiated by Lashkar-e-Taiba and the Hizbul Mujahideen.


On the other hand, militants are in complete denial and have said that they have enough cash, they are “freedom fighters” and wouldn’t stoop to robbing.

The fact of the matter is that since demonetization (November 8) there have been at least 9 robberies in the Kashmir Valley, with four robberies taking place within the span of 3 days.

While on May 3,  gunmen targeted two banks in Pulwama, two days before they had attacked a J&K Bank cash van and killed five policemen and two bank guards.



During their May 3rd robberies, the robbers had taken away Rs 5 lakh and Rs 1.3 lakh from two banks and also smashed the CCTV during their robberies to avoid being identified. A day before that they had attacked a bank near Kulgam district and walked away with Rs 65,000.

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