Around 40 bank branches have been closed for cash transactions in the violence-hit districts of Pulwama, Shopian and Kulgam in south Kashmir. The decision was taken after recent bank robberies by suspected terrorists. "It's a precautionary measure. You know about recent incidents (bank robberies). We don't have security here, it's a far off area and higher authorities have taken a decision to stop all cash transactions from these branches," said Zubair Ahmad, an employee at a bank in Pulwama.