Rs 25 crore has been moved out of Bank of Maharashtra (BoM) accounts due to a bug in its UPI application.

Rs 25 crore has been moved out of Bank of Maharashtra (BoM) accounts due to a bug in its UPI application.

“Total amount of loss, as reported by BoM, is about Rs 25 crore. They’ve recovered some amount and some amount is still pending. They’ve filed a police complaint also and the investigation is on,” National Payment Corporation managing director and chief executive AP Hota.