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RBI UNCLAIMED DEPOSITS
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', ...- Retail central bank digital currency in circulation falls by 24% in FY26The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Rese...
- RBI releases norms for banks holding non financial assetsThe Reserve Bank of India has released new draft rules. Banks can now hold specific non-financial assets only to recover bad loans. These a...
- UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SCThe submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journal...
- 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...
- More than 8 lakh people got unclaimed deposits back from bank via UDGAM: Steps to check unclaimed depositsIn India, unclaimed deposits in banks are transferred to the RBI's DEA fund after ten years. The RBI launched the UDGAM portal to help indi...
- 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 ...
- Unclaimed money in savings account, FDs: Can you settle unclaimed deposits using RBI’s UDGAM portal?UDGAM refers to Unclaimed Deposits-Gateway to Access inforMation, which is an online portal developed by RBI. Here are some important FAQs ...
- 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 ...
- UDGAM RBI portal link: How to register, check unclaimed savings account, FD money in these seven banksRBI UDGAM portal for unclaimed deposits: The RBI has been urging the public to locate and contact their local banks to claim unclaimed depo...
- This new RBI portal will help find unclaimed FD, savings account moneyTo improve and broaden depositors' and beneficiaries' access to unclaimed data, the RBI has decided to create an online platform that will ...
- Banks get Rs 5,729 cr for refund of unclaimed deposits; how you can claim amount in unclaimed savings account, FDsThe Reserve Bank of India (RBI) notified the "Depositor Education and Awareness Fund Scheme, 2014," which covers unclaimed deposit norms an...
- RBI to develop online portal for unclaimed deposits of all banksIn order to look for unclaimed deposits that are more than ten years old, the Reserve Bank of India (RBI) has announced the of a new centra...
- Unclaimed bank deposit pile crosses Rs 8,000 croreThe number of accounts where funds remained unclaimed has doubled from 1.32 crore in 2102 to 2.63 crore in 2016.
- Interest on claims in DEAF only from date of account transfer: RBIThe RBI had asked banks to remit deposits classified as unclaimed to the Depositor Education and Awareness Fund (DEAF) by June 30, 2014.
- Reserve Bank of India asks banks to remit unclaimed deposits to DEAF by June 30After the first transfer of amounts, banks should transfer amounts becoming due in each calendar month on the last working day of the subse...
- RBI asks RRBs, cooperative banks to frame policy on unclaimed accountsThe Reserve Bank today asked cooperative and regional rural banks to frame policies to locate customers with unclaimed deposits or inoperat...
- Find whereabouts of unclaimed deposit holders: RBI tells banksRBI has directed banks to find the whereabouts of the holders of unclaimed deposits by displaying the list of such accounts on their websit...
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