Thanks to faulty SBI transaction, this woman became Rs 95,71,16,98,647 richer in two seconds

The woman became Rs 95,71,16,98,647 richer in two seconds: Urmila Yadav, a resident of Kanpur’s Vikas Nagar was the richest woman in the world for around 1 hour. Going into the details, Ms.Yadav  was an SBI account holder with a balance of just Rs 2000 in her bank account but she was in for shock when her balance suddenly soared to Rs 95,71,16,98,647.14.

How it happened? According to Hindustan TIMES, Ms.Yadav had opened a savings account at the SBI with Rs 2000. As Soon as she created the account she had received message saying her account had been credited with Rs 9,99,999. Later, after some time another message was delivered to her showing that Rs 9.97 lakh had been deducted leaving her balance back to Rs 2,000.

Thanks to faulty SBI transaction, this woman became Rs 95,71,16,98,647 richer in two seconds (Representational picture)

Confused by the bizarre scenario Ms. Yadav went to the bank to get the clarification on the confusing episode. But what she witnessed there is even bigger shock than before the issue, but a greater shock was in order for her when she checked her account. A sum of Rs 95,71,16,98,647.14, popped up as her balance.

Th reason behind the goof up was  identified as a result of a process undertaken to freeze her dormant account by the bank itself. Yadav’s account was dormant for some time as she had not maintained the adequate balance required to keep it going, reports the Daily Star. As a part of the process, the bank credited a made up figure and then deducted it.

But this credit and debit to Yadav’s account might not have been in line with the official procedures. “Rules bar banks from crediting and debiting any sum without the consent of the account holder,” HT reports Abhishek Gupta, a chartered accountant, saying.

When asked about the entire episode, Ms. Yadav said that all she wants is her Rs 2000 safe with the bank.

PS: The image used in the article is created for representational purposes. The dressing and graphics doesn’t depict the persons or their personalities.