The bank alleges that unknown persons got into the central SFMS server of Indian Financial Technology and Allied Services (Iftas), a wholly owned RBI subsidiary, through the SFMS server of its core banking system. Central Bank of India has told the police that ₹ 13.97 crore was siphoned from its settlement account with the Reserve Bank of India (RBI) through 187 unauthorised transfers between October 15 and 17.
The complainant is the bank’s general manager (treasury). Nor could it find them in its core banking system, its RTGS settlement account or the SFMS server. The money went into 36 bank accounts, according to the first information report (FIR) registered at the Nodal Cyber Police Station, Mumbai . The bank’s internal team could not find any of the 187 transactions in any branch, in internet or mobile banking, or through any other channel, according to the complaint. Partial traces of 10 of the accounts appear in SFMS database logs, the complaint stated, but the transaction IDs do not appear in the bank’s records. The complaint says the accounts named as payers in the 187 transactions do not belong to Central Bank of India.
The bank maintains a settlement account with the RBI and a separate RTGS settlement account, and its system has an RTGS portal for such payments, the officer said.
