{"id":906886,"date":"2025-02-18T11:13:05","date_gmt":"2025-02-18T05:43:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=906886"},"modified":"2025-02-18T11:13:05","modified_gmt":"2025-02-18T05:43:05","slug":"karnataka-bank-reports-to-rbi-suspicious-cross-border-upi-transaction-of-rs-18-87-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/18\/karnataka-bank-reports-to-rbi-suspicious-cross-border-upi-transaction-of-rs-18-87-crore\/","title":{"rendered":"Karnataka Bank reports to RBI suspicious cross border UPI transaction of Rs 18.87 crore"},"content":{"rendered":"<p>Karnataka Bank Ltd, a private sector lender, has the discovery of deficiencies in its reconciliation process for cross-border Unified Payments Interface (UPI) transactions, leading to an estimated net loss of \u20b918.57 crore after immediate recovery. In a regulatory filing on National Stock Exchange (NSE), the bank stated that during a review of suspicious UPI Global transactions, certain reconciliation process deficiencies were identified. However, the bank assured that this issue does not impact its operations or customer service.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka Bank Ltd, a private sector lender, has the discovery of deficiencies in its reconciliation process for cross-border Unified Payments Interface (UPI) transactions, leading to an estimated net loss of \u20b918.57 crore after immediate recovery. In a regulatory filing on National Stock Exchange (NSE), the bank stated that during a review of suspicious UPI Global transactions, certain reconciliation process deficiencies were identified. However, the bank assured that this issue does not impact its operations or customer service.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-906886","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/906886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=906886"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/906886\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=906886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=906886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=906886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}