This is despite the huge reliance on debit cards by customers of SBI which services a fifth of the population.
A-52-year-old woman got the shock of her life when she learned that someone had withdrawn Rs 1.4 lakh from her bank account.
While both were found to be friends on Facebook, police said it was yet to be ascertained how they coordinated with each other.
The ePOS machines should offer consumers in the rural areas a major help as bank network is less there.
Banks have learnt that customers are facing difficulties with the new chip-based cards while withdrawing money from ATMs
City assistant commissioner of police (ACP) Mahendra Mathe gave details to the media on cracking of the case here on Saturday.