SBI loses â¹7 crore as Flipkart users get double refund
The State Bank of India suffered a loss of â¹7 crore after 39 account holders found out a trick to earn double refund credit after cancelling online orders through Flipkart. The incidents were reported from Gujarat where users got a double refund - once from SBI and again from Flipkart. The anomaly was reportedly caused by a new VISA update. 