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RECOVER UNCLAIMED ASSETS
Government launches portal to trace unclaimed bank deposits, insurance policies, mutual funds: How to access- Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...
- 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 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...
- As Europe readies tougher migration measures, a Greek island sees illegal crossings spikeCrete is now a major entry point for migrants. The journey from Libya is long and dangerous. European Union border agency Frontex is increa...
- One state is sitting on $10 billion in unclaimed cash — here’s how to check if you are owed moneyTexas unclaimed money: Texas is urging residents to claim over $10 billion in unclaimed property before the year ends. This includes forgot...
- Millions could get free money as state uncovers $622 million in unclaimed cash — check nowTexas is currently holding over $622 million in immediate unclaimed cash. This massive sum belongs to 5.7 million individuals across the st...
- Have unclaimed insurance amount? Here’s how to check and claim your hidden wealthOver Rs 25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming thes...
- How to claim your inheritance — property, EPF, bank FDs, mutual fundsNavigating the inheritance of assets following a loved one's death can be a daunting task. Families are tasked with understanding the legal...
- Unclaimed assets may soon be past, Digilocker to now store details of your shares, mutual fundsFrom April 2025, DigiLocker users can store and access details of their demat and mutual fund holdings. This new feature aims to tackle the...
- Planning your investments for FY26? Here’s what mutual fund experts recommendMutual fund experts advise a cautious, long-term approach for FY26 due to uncertainties like global trade policies, economic growth, and ch...
- Harsh Roongta on what can be done to prevent unclaimed deposits in banks, shares & debenturesIndia has about Rs 50,000 crore ($12bn) of unclaimed assets, including unclaimed shares and dividends, from small savings funds, insurance,...
- Getting back lost shares, dividends now made easierSo far, around Rs 200 crore has been restored to the rightful claimants to whom the funds belong.
- The ABC of remonetisation: India's China momentIn 1980 India and China were almost equal in GDP. By 2016 India has become less than 20% of China. There are many reasons why China has lea...
- Goa seeks to invest back money earned from auctioning of oreGoa government in its submission before the Supreme Court has sought the permission to invest back the money recovered from e-auctioning of...
- Monetary and banking developmentsThe stance of monetary policy as announced by the Reserve Bank of India (RBI) in its annual policy statement for 2004-05 was (i) to ensure ...
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