India

Guj man mistakenly gets ₹11,677 cr in demat account, invests ₹2 cr in stocks

September 16, 2022 11:57 AM

A bank glitch caused a man in Ahmedabad to receive ₹11,677 crore in his demat account for a few hours.

The man said that out of this amount, he invested ₹2 crore in the stock market and booked a profit of ₹5 lakh but that same evening, Kotak Securities withdrew the amount.

Kotak Securities is yet to comment on this.

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