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Whopping Rs 49,000 crore lays unclaimed with banks, insurers


Whopping Rs 49,000 crore lays unclaimed with banks, insurers
PTI
The data on the unclaimed amount is till December 31, 2020.
Giving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total amount of unclaimed deposits of banks stood at Rs 24,356 crore, as of December 31, 2020.
He further said that as per the Insurance Regulator Development Authority of India (IRDAI), the total amount of unclaimed amounts of policy holders in public and private sector insurance companies was at Rs 24,586 crore (end-December, 2020).
The RBI framed the Depositor Education and Awareness Fund (DEAF) Scheme, 2014. As per the Scheme, unclaimed amounts lying with banks are credited to the DEAF by banks and DEAF is subsequently utilised for promotion of depositors’ interest. ....

New Delhi , Bhagwat Karad , Insurance Regulator Development Authority Of India , Awareness Fund , Senior Citizen Welfare Fund , Finance Bhagwat Karad , Rajya Sabha , Reserve Bank , Insurance Regulator Development Authority , Depositor Education , புதியது டெல்ஹி , பகவத் காரட் , விழிப்புணர்வு நிதி , மூத்தவர் குடிமகன் நலன்புரி நிதி , ராஜ்யா சபா , இருப்பு வங்கி , காப்பீடு சீராக்கி வளர்ச்சி அதிகாரம் , வைப்புத்தொகை கல்வி ,

Nearly Rs 49,000 cr lying unclaimed with banks, insurers: Minister Bhagwat Karad


Nearly Rs 49,000 cr lying unclaimed with banks, insurers: Minister Bhagwat Karad
As per information received from the Reserve Bank of India (RBI), the total amount of unclaimed deposits of banks stood at Rs 24,356 crore, as on December 31, 2020.
RBI has advised banks to play a more proactive role in finding the whereabouts of the account holders of unclaimed deposits/inoperative accounts (Source: PTI)
PTI
Updated Jul 28, 2021, 8:34 AM IST
An estimated Rs 49,000 crore is lying unclaimed with banks and insurance companies, the Minister of State for Finance Bhagwat Karad informed the Rajya Sabha on Tuesday. The data on the unclaimed amount is till December 31, 2020. ....

Bhagwat Karad , Insurance Regulator Development Authority Of India , Awareness Fund , Senior Citizen Welfare Fund , Finance Bhagwat Karad , Rajya Sabha , Reserve Bank , Insurance Regulator Development Authority , Depositor Education , பகவத் காரட் , விழிப்புணர்வு நிதி , மூத்தவர் குடிமகன் நலன்புரி நிதி , ராஜ்யா சபா , இருப்பு வங்கி , காப்பீடு சீராக்கி வளர்ச்சி அதிகாரம் , வைப்புத்தொகை கல்வி ,