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RBI DEA FUND
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
RBI imposes penalty on HSBCIn a statement, the Reserve Bank said a statutory inspection for supervisory evaluation of the bank was conducted with reference to its fin...
Parliamentary panel urges a 'golden share' strategy to protect PSU autonomy if state stakes fall below 51%A parliamentary panel urged the government to finalize a 'golden share' strategy to protect PSU autonomy as state stakes fall below 51%. Re...
Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS FinanceOver Rs 72,000 crore in unclaimed bank deposits are held by the RBI's DEA Fund by January 2026. Steps are being taken to help people find t...
Getting unclaimed money back: 3 easy steps to reclaim forgotten money in old bank accountsForgotten money in inactive bank accounts is managed by the RBI's Depositor Education and Awareness Fund. Amounts unclaimed for 10 years ar...
RBI launches scheme to reduce stock of unclaimed deposits by incentivising banksThe Reserve Bank of India launched a year-long incentive scheme for banks, effective October 1, to reduce unclaimed deposits. Banks will re...
Big relief proposed by RBI for account holders in activating an inoperative bank account or claiming unclaimed depositsThe Reserve Bank of India proposed on May 23, 2025, to ease access to inoperative accounts and unclaimed deposits. Banks will be required t...
Unclaimed deposits: How to search for unclaimed money in savings account, FDs on RBI’s UDGAM portalThere are 30 banks, which are part of UDGAM portal, and they cover around 90% of unclaimed deposits (in value terms) in Depositor Education...
Is there a time limit for depositor to claim unclaimed amount from DEA Fund? RBI releases important FAQsWhat is Depositor Education and Awareness Fund: The deposits becoming due to be transferred to DEA Fund (i.e., unclaimed for 10 years), in ...
30 banks join RBI UDGAM portal for unclaimed depositsAll unclaimed deposits/accounts that are part of the Depositor Education and Awareness (DEA) Fund of RBI can be searched in the UDGAM porta...
30 banks on UDGAM portal to help people claim, search unclaimed deposits: RBIThe Reserve Bank of India (RBI) has announced that 30 banks have been included on the UDGAM portal, which allows individuals to search and ...
How much interest rate is applicable on unclaimed amounts in savings account, fixed depositsThe banks will transfer unclaimed funds to special account designated by the Reserve Bank of India dubbed as the Depositor Education and Aw...
How to check if you have unclaimed deposits in a bankThere are thousands of crores lying in unclaimed deposits in banks. Here’s how to check if any of it is yours.
Unclaimed bank deposits: RBI launches campaign to return amount in unclaimed deposits to their rightful claimantsThrough its public awareness campaigns, the Reserve Bank encourages members of the public to locate and contact the relevant bank for claim...
DEA had red flagged possible risks over IL&FS crisis in 2018The govt has made serious efforts to address the issue, but India's shadow banking crisis continues unabated.
5 more entities get RBI grant under depositors' awareness fundThe apex banking regulator said the selection process involved a scrutiny by an internal team of the RBI followed by an assessment of the a...
- Chit fund scam probe hits Press Council of India's protocol hurdle
An investigation panel, involving RBI, ED, CBI, SFIO and the Sebi is apparently displeased with publication of misleading advertisements of...
RBI invites applications for financial assistanceIn the first tranche in January this year, RBI found 20 institutions suitable for registration to get assistance from the fund.
20 entities get RBI nod for financial grant from DEA FundRBI released the names of 20 entities that have been approved by the DEA Fund Committee for registration for seeking financial assistance.
- Finance Ministry to set up special group to deal with impact of global crisis
The Finance Ministry today decided to set up a Crisis Management Group (CMG) to deal with the impact of the global problems on the domestic...