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Unclaimed deposits with banks rise 26% to Rs 78,213 crore

The amount with the Depositor Education and Awareness Fund stood at Rs 62,225 crore at the end of March 2023.

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Unclaimed deposits with banks rise 26% to Rs 78,213 crore: RBI

India Business News: NEW DELHI: The Reserve Bank of India's Annual Report, released on Thursday, revealed that unclaimed deposits in banks have surged by 26% year-on-year,.

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Unclaimed deposits with banks rise 26 pc to Rs 78,213 crore

Unclaimed deposits with banks rise 26 pc to Rs 78,213 crore
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

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Unclaimed Bank Deposits Surge by 26%: RBI Introduces Centralized Portal UDGAM

Unclaimed deposits with banks have surged by 26% year on year to Rs 78,213 crore by March 2024, according to the RBI Annual Report. Aimed at assisting depositors, RBI has issued new guidelines for managing inoperative accounts and unclaimed deposits. Additionally, the RBI launched UDGAM, a centralized web portal, to help depositors search for unclaimed deposits.

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Unclaimed deposits with banks rise 26% to ₹78,213 crore - The Hindu BusinessLine

Unclaimed deposits with banks rise 26% to ₹78,213 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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