Part of normal proceedings; SBI on crediting excess amount in the accounts

Huge amount of money was minus credited and freeze accounts of few users.

Kottakkal (Malappuram): The SBI officials has disclosed the truth behind crediting crores of rupees to certain account holders. The officials said that the action was taken as part of freezing accounts of those who have not yet completed the KYC proceedings.

Huge amount of money was minus credited and the accounts were frozen of few users. Account holders will be forced to contact bank and to complete the proceedings as part of this process, officials added.

Bank has come with the explanation after news broke out that large sum of money was added in many accounts.

Add Comment
Related Topics

Get daily updates from

Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.