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HSBC Bank reports fraud from 38 improperly issued credit cards, resulting in a loss of ₹1.26 crore.
HSBC Bank reported a fraud case involving 38 credit cards issued without proper verification, leading to a loss of ₹1.26 crore.
The cards were issued online, and the fraud was detected when several cards exceeded their spending limits.
The bank has blocked 17 of the 55 involved cards and filed a complaint with the police.
The case highlights the need for stricter document verification in financial transactions.
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HSBC Bank informa de fraude de 38 tarjetas de crédito indebidamente emitidas, lo que resulta en una pérdida de 1,26 crore.