HDFC yet to recover funds after sending ₹1,000 cr to some accounts due to glitch: Report

HDFC Bank is still attempting to recover funds from some customers in Tamil Nadu after it mistakenly transferred ₹1,000 crore into their accounts in May, BQ Prime reported. About ₹35-40 crore continues to remain with customers, the report said. The transfer of funds was caused due to a technical glitch, following which HDFC briefly froze many of these bank accounts.

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