StockWatch
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Non Banking Financial Company (NBFC)
Cybersecurity21 Oct 2026, 06:20 pm

Unifinz Capital Reports ₹7.69 Cr Cyber Fraud

AI Summary

Unifinz Capital India Ltd has reported a cyber fraud incident that occurred on October 20, 2026, resulting in fraudulent payments of ₹7.69 crores (₹7,69,26,114) to third-party bank accounts. The fraud was detected on October 21, 2026, during a routine bank reconciliation. The payments were made through an automated API integrated disbursal engine, bypassing normal authorization processes. The company has initiated an internal investigation and lodged a complaint with the National Cyber Crime Reporting Portal. The bank disbursal account has been frozen. The estimated financial impact is ₹7.69 crores, subject to investigation and recovery. No disruption to business operations is reported. Further developments will be intimated.

Key Highlights

  • Cyber fraud resulted in ₹7.69 Cr fraudulent payments.
  • Incident occurred on October 20, 2026, detected October 21.
  • Payments bypassed normal authorization via API engine.
  • Internal investigation and police complaint filed.
  • No disruption to business operations reported.