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https://www.indiatoday.in/business/story/uco-bank-recovers-rs-705-crore-crore-mistakenly-credited-to-thousands-of-accounts-via-imps-2477420-2023-12-18
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UCO Bank recovers Rs 705 crore mistakenly credited to thousands of accounts - India Today
12/18/23 at 10:37am
Organization
India Today
Author
India Today Business Desk
Details
39 words
Summarize
Banking
Business & Industrial
surprise transfer
UCO Bank
India Today
IMPS payment channel
The surprise transfer of funds to 41,000 UCO Bank accounts was a consequence of a technical glitch in the bank's IMPS payment channel.
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