A bank's Minor error 11,677 crores amount credited to a personal account

Sep Fri 2022 05:51:25

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A  bank's Minor error 11,677 crores amount credited to a personal account

Kathmandu. There has been an uproar in Ahmedabad, Gujarat, India after a bank error of Rs 11,677 crore was deposited into the account of a man named Rameshbhai Sagar. Rameshbhai Sagar is an embroidery merchant from Ahmedabad. He has also been trading in the stock market for 5 years. From that amount, he invested two million rupees in the stock market and earned five lakh rupees in about half an hour.

Recollecting the life-changing moments, Rameshbhai Sagar says – As usual, on June 26, I sat down to do business at 9:30 am. Even though we did 2-3 transactions, there was not much movement in the market that day. Then waited till 11:30. Suddenly my eyes teared up when I checked the balance. 11,677 crore in my account.

When such a large amount was deposited in my account, I suddenly thought that the money came for a short time, thinking that the bank should return the money. So I thought to get as much profit as possible by investing half an hour. Get your money back by mistake. I do daily business, but earlier I used to do 25 thousand rupees maximum, but now I have 11 thousand 677 crore rupees in my account.