Spandana Sphoorty Reports ₹7.80 Crore Cyber Fraud
Spandana Sphoorty Financial disclosed unauthorised transactions of approximately ₹7.80 crore from one of its bank accounts. Its shares fell over 2% intraday before recovering some losses.
Shares of Spandana Sphoorty Financial slipped over 2% intraday on Monday, November 2, before recovering some losses after the microfinance lender disclosed a cyber fraud incident involving unauthorised transactions of approximately ₹7.80 crore from one of its bank accounts.Spandana Sphoorty Cyber A…