Kotak Mahindra Bank denies viral claim of massive credit to deceased woman’s account

On the night of August 3, Deepak allegedly received a message indicating a staggering credit of ₹10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299. Shocked by the figure, he shared the message with friends and asked them to count the zeros.

Also Read: Noida youth briefly becomes ‘world’s richest’ after astronomical credit: What we know so farResponding to the viral reports, Kotak Mahindra Bank said: “Media reports suggesting an unusually large balance in a customer’s account are incorrect. In light of these reports, we encourage customers to check their account details using Kotak’s mobile banking app or net banking platforms.”

The bank further stated that its systems are operating normally, and all services remain secure and fully functional.

Shares of Kotak Mahindra Bank Ltd closed at ₹2,001.75 on the BSE on August 5, up ₹4.80 or 0.24%.

Also Read: Kotak Mahindra Bank shares fall over 6%, the most in 15 months after Q1 results; check revised targets