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Indian teacher's shock at his $9.8bn bank balance[/B]
An Indian teacher got the shock of his life
when he checked his bank account online
and found 490bn rupees ($9.8bn).
Parijat Saha expected his balance to be $200 and
could not believe his eyes - but a check at an ATM
confirmed his billionaire status, on paper at least.
The honest Mr Saha rang the State Bank of India (SBI) to point out the error.
Red-faced bank officials would not comment, but sources say the funds were "uncleared" and he could not have withdrawn the money if he had tried.
'Astronomical'
Mr Saha's monthly salary as a school teacher in
the eastern state of West Bengal is 35,000 rupees
($700).
But his account balance of $9.8bn is closer to India's annual education budget of $11.5bn.
"On Sunday evening, when I was checking my
savings account balance on the internet, I was
expecting an amount of a little more than 10,000
rupees ($200)," Mr Saha, who lives in the town of Balurghat in South Dinajpur district, told the BBC.
The billions he found there instead have left him in shock.
"I called up a friend in the bank and joked, maybe money is overflowing in your bank, that's why your system has remitted so much money into my account," he said.
The government-run bank - motto "Safe Banking
with SBI" - has not explained what happened.
Subhashish Karmakar, chief manager of the
bank's branch in Balurghat, declined to speak about the source of the funds or how the money
got into Mr Saha's account.
"I have been specifically asked not to comment
on this issue," he told the BBC.
The bank's regional headquarters in Calcutta and
national headquarters in Mumbai have been alerted and officials are trying to figure out what
went wrong, sources in the bank say.
Mr Saha says he has managed to withdraw the
$200 from his account that belonged to him.
"Even though I got my money back, the account
still holds the billions of dollars as uncleared
amount. I don't know how long I'll have to keep
that astronomical figure in my account.
.
.
.
Source:--
BBC News - Indian teacher's shock at his $9.8bn bank balance
An Indian teacher got the shock of his life
when he checked his bank account online
and found 490bn rupees ($9.8bn).
Parijat Saha expected his balance to be $200 and
could not believe his eyes - but a check at an ATM
confirmed his billionaire status, on paper at least.
The honest Mr Saha rang the State Bank of India (SBI) to point out the error.
Red-faced bank officials would not comment, but sources say the funds were "uncleared" and he could not have withdrawn the money if he had tried.
'Astronomical'
Mr Saha's monthly salary as a school teacher in
the eastern state of West Bengal is 35,000 rupees
($700).
But his account balance of $9.8bn is closer to India's annual education budget of $11.5bn.
"On Sunday evening, when I was checking my
savings account balance on the internet, I was
expecting an amount of a little more than 10,000
rupees ($200)," Mr Saha, who lives in the town of Balurghat in South Dinajpur district, told the BBC.
The billions he found there instead have left him in shock.
"I called up a friend in the bank and joked, maybe money is overflowing in your bank, that's why your system has remitted so much money into my account," he said.
The government-run bank - motto "Safe Banking
with SBI" - has not explained what happened.
Subhashish Karmakar, chief manager of the
bank's branch in Balurghat, declined to speak about the source of the funds or how the money
got into Mr Saha's account.
"I have been specifically asked not to comment
on this issue," he told the BBC.
The bank's regional headquarters in Calcutta and
national headquarters in Mumbai have been alerted and officials are trying to figure out what
went wrong, sources in the bank say.
Mr Saha says he has managed to withdraw the
$200 from his account that belonged to him.
"Even though I got my money back, the account
still holds the billions of dollars as uncleared
amount. I don't know how long I'll have to keep
that astronomical figure in my account.
.
.
.
Source:--
BBC News - Indian teacher's shock at his $9.8bn bank balance