• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, October 12, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

SBI ‘copy-paste’ mistakenly transfers Rs 1.5 crore to wrong accounts

by Ayush Bansal
May 15, 2022
in Business, News
Reading Time: 2 mins read
0
SBI bags $600M funds through international bonds at 1.8%
TwitterWhatsappLinkedin
SBI employee's copy-paste error leads to Rs 1.5 crore being transferred to  wrong accounts
Image: Moneycontrol

While we juggle to work like machines, we shouldn’t forget that we are in fact humans who are capable of making errors. It’s only when some mistake causes bigger issues that one should begin to think before acting.

You might also like

Vance Says Microsoft Replaced Laid-Off Workers With Foreign Hires: Here’s What the Visa Data Shows

Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

Netflix Layoffs Expected as Streaming Giant Faces Growth Concerns, Stock Decline

Recently, an SBI bank employee ended up in a big mess just because of a clerical error. According to reports, the staffer’s mistake led to a misuse of funds that were otherwise kept for a flagship program of the Telangana government, the Dalit Bandhu scheme.

Under the Dalit Bandhu scheme, the Telangana government provides one-time capital assistance of Rs 10 lakh per SC family. The flagship program offers SC families a 100 per cent subsidy to create a suitable income-generating source.

However, instead of transferring the funds to the eligible families under the Dalit Bandhu scheme. The SBI employee mistakenly transferred Rs 1.50 into the (salary) accounts of 15 employees of Lotus Hospitals, according to a report by The Hindu.

The Saifabad police in Hyderabad said that an SBI Rangareddy District Collectorate branch employee accidentally transferred Rs 1.50 crore to the wrong accounts on April 24.

Of the 15 people who received Rs 10 lakh in their accounts, 14 returned the money while one person, a lab technician named Mahesh, failed to send it back.

“Soon after realizing the mistake, the bank officials called the employees and asked them to transfer back the amount. While 14 employees reverted the money, lab technician Mahesh failed to send back the money. He was not available over the phone,” a senior official was quoted as saying by The Hindu.

Surprisingly, Mahesh assumed that the Rs 10 lakh deposit was made into his bank account by Prime Minister Narendra Modi and hence withdrew a certain amount to clear his debt.

The Hindu further reported that Mahesh didn’t return the money despite repeated requests. Thereafter, the bank official filed a complaint against him.

Despite the chaos, no complaint has been registered against the bank employee for his mistake.

As of yet, the bank officials have managed to recover Rs 6.70 lakh out of the Rs 10 lakh that was transferred into Mahesh’s account. He is yet to return the remaining Rs 3.30 lakh to SBI.

Tags: IndiaNewsSBI Bank
Tweet54SendShare15
Previous Post

Coinbase’s Founder Brian Armstrong’s wealth lost in thin air in the crypto market crash

Next Post

Elon Musk picks holes in Twitter algorithm – offers 3 steps

Ayush Bansal

Recommended For You

Vance Says Microsoft Replaced Laid-Off Workers With Foreign Hires: Here’s What the Visa Data Shows

by Shailja Jha
October 11, 2026
0
Vance Says Microsoft Replaced Laid-Off Workers With Foreign Hires: Here’s What the Visa Data Shows

The debate over immigration and American technology jobs has intensified after US Vice President JD Vance alleged that Microsoft replaced laid-off American workers with foreign hires. The claim...

Read more

Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

by Ishaan Negi
October 10, 2026
0
Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

Ukraine struck and partially disabled a major data centre operated by Russian technology company Yandex on Friday, October 9, marking the second attack on the company's infrastructure in...

Read more

Netflix Layoffs Expected as Streaming Giant Faces Growth Concerns, Stock Decline

by Ishaan Negi
October 10, 2026
0
Netflix Doubles Down on India with Major Hyderabad Office Expansion

Netflix is preparing for a fresh round of layoffs, with reports suggesting that the streaming giant could significantly reduce its workforce amid growing pressure to accelerate growth and...

Read more
Next Post
Elon Musk picks holes in Twitter algorithm – offers 3 steps

Elon Musk picks holes in Twitter algorithm - offers 3 steps

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?