HomeNewsTrendsSBI employee’s copy-paste error leads to Rs 1.5 crore being transferred to wrong accounts

SBI employee’s copy-paste error leads to Rs 1.5 crore being transferred to wrong accounts

A clerical error from a State Bank of India employee led to Rs 1.50 crore being transferred to the wrong beneficiaries.

May 14, 2022 / 12:36 IST
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An SBI employee's 'copy-paste' error proved to be a costly mistake. (Representative Image)
An SBI employee's 'copy-paste' error proved to be a costly mistake. (Representative Image)

A clerical error from a State Bank of India employee led to Rs 1.50 crore being transferred to the wrong beneficiaries. According to a report in The Hindu, the unnamed SBI employee’s copy-paste mistake saw funds for the Dalit Bandhu scheme being accidentally deposited into the accounts of 15 employees of Lotus Hospitals.

Each Lotus Hospitals employee received Rs 10 lakh in their salary account. The funds were meant for the Telangana government’s Dalit Bandhu welfare scheme.

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The Saifabad police in Hyderabad said that an employee of the SBI Rangareddy District Collectorate branch 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.