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State Bank of Mauritius face cyber fraud, loses Rs 143 Crore

In the third cyber fraud incident hitting Indian banks in almost a year, State Bank of Mauritius' (SBM) Mumbai branch suffer a loss of Rs 143 crore after some unknown persons have hacked into the bank server and transferred the money in various accounts of different banks abroad. However, bank assures that no harm has been caused to customers and FIR was filed and cyber experts were helping in the probe.