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Bank ordered to pay firm Rs 1.5 crore over 2015 cyber fraud loss
Summary by The Mumbai Editorial Desk Times of India — Mumbai
· September 7, 2026
· 1 min read
Photo: Times of India — Mumbai · view original
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Summary created by The Mumbai Editorial Desk — automated, rule-governed Published by Times of India — Mumbai Original story Read at the source Source published Sep 7, 2026 Indexed here Sep 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points This payment is related to a cyber fraud loss that occurred in 2015. A bank has been ordered to pay a firm Rs 1.
A bank has been ordered to pay a firm Rs 1.5 crore. This payment is related to a cyber fraud loss that occurred in 2015. The firm suffered a loss due to this cyber fraud, and the bank has been held responsible.
Further details about the case are available from the source. The order for the bank to pay the firm has been made, but additional information about the circumstances surrounding the cyber fraud is not provided here.
The amount of Rs 1.5 crore is the specified payment that the bank must make to the firm as a result of the 2015 cyber fraud loss.
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Category: News Published: September 7, 2026 Source: Times of India — Mumbai Reading time: 1 min
Frequently asked about this story
What is this story about? A bank has been ordered to pay a firm Rs 1.5 crore. This payment is related to a cyber fraud loss that occurred in 2015. The firm suffered a loss due to this cyber fraud, and the bank has been held…
When was this published? This article was first published on September 7, 2026 by Times of India — Mumbai and curated for The Mumbai readers.
Who reported this story? This story was reported by Times of India — Mumbai. To learn more about how The Mumbai selects and reviews stories, see our editorial standards .
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