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Depositors can view information relating to their unclaimed deposits on Udgam portal which was created in collaboration with Reserve Bank Information Technology (ReBIT), Indian Financial Technology & Allied Services (IFTAS), and other institutions
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The rate of unclaimed deposits in Indian banks has risen by 28% in this financial year, with the amount now totaling up to ₹42,270 crore.
Replying to another question, Karad said quoting RBI data, gross non-performing assets (NPAs), including those associated with Prime Minister Employment Generation Programme (PMEGP), of scheduled commercial banks (SCBs) was Rs 9,33,779 crore (Gross NPA ratio of 9.07 per cent) as on March 31, 2019, Rs 8,96,082 crore (Gross NPA ratio of 8.21 per cent) as on March 31, 2020 and Rs 8,35,051 crore (Gross NPA ratio of 7.33 per cent) as on March 31, 2021.
New Delhi: There has been a significant 28 percent annual increase in unclaimed deposits held by banks, amounting to Rs 42,270 crore, the government informed the Parliament on Tuesday.