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Central Bank of India Reports Rs 13.96 Crore Fraud via RBI Settlement Account

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Central Bank of India Reports Rs 13.96 Crore Fraud via RBI Settlement Account

Analysed 24 Oct 2026·2 sources analysed·Mumbai, India·Crime
Central Bank of India Reports Rs 13.96 Crore Fraud via RBI Settlement AccountPreviousNext

Central Bank of India reported a Rs 13.96 crore fraud involving 187 unauthorized transactions across 36 banks between October 15 and 17, 2026. Unknown individuals accessed the bank's core banking system and the SFMS server of IFTAS, an RBI subsidiary, to execute these transfers from the bank's settlement account with the RBI. The bank's internal audit detected the irregularities, and a case has been registered with Maharashtra Nodal Cyber Police. Authorities including RBI, IFTAS, and cybersecurity agencies have been alerted for investigation.

Sentiment
45%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (45/100). Lens Score 59/100.

Outlets measured: freepressjournal, hindustantimes. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 24 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (45/100)

Sentiment was consistent across outlets (45–45/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

hindustantimes broke this story on 24 Oct, 02:20 am. Other outlets followed.

24 Oct, 02:20 am2 sources · 3 h24 Oct, 05:43 am
AI analysis by the TBN Bias Engine · beat methodology byDushyant Deshmukh· Investigative Writer· editorial standards byOjas Kale
← Previous
Maharashtra FDA Suspends Blinkit Warehouse License Over Expired Food Items
Next →
Boy Steals Rs 21.5 Lakh from Businessman's Car in Zirakpur
1
hindustantimes24 Oct, 02:20 am
Central Bank of India's funds worth 13.96 cr siphoned off
  • 2
    freepressjournal24 Oct, 05:43 am
    Central Bank Of India Reports 13.96 Crore Fraud Involving RBI Settlement Account, 187 Unauthorised Transactions
  • Accountability flags

    TBN's analysis identified the following accountability dimensions in this story.

    • financial irregularity

      This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

    Who's involved

    Institutions and figures named across source coverage.

    Government
    Indian Computer Emergency Response TeamAdditional Director General of Police, Maharashtra CyberNational Critical Information Infrastructure Protection CentreMaharashtra Nodal Cyber PoliceReserve Bank of India
    Corporate
    Central Bank of IndiaIndian Financial Technology and Allied Services
    Enforcement
    Maharashtra Nodal Cyber PoliceAdditional Director General of Police, Maharashtra Cyber

    Story context

    Category
    Crime
    Location
    Mumbai, India
    Sources analysed
    2
    Last analysed
    24 Oct 2026
    Key entities
    Central Bank of IndiaCroreIndian rupeeReserve Bank of IndiaMaharashtraFintechRoyal Thai General System of TranscriptionSubsidiaryFraudBankIndiaGeneral manager