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UNCLAIMED DEPOSITS INDIA
Government launches portal to trace unclaimed bank deposits, insurance policies, mutual funds: How to access
Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Offi...
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...
From kitchen storage to recycling bins: How Deposit Refund Schemes can change India’s plastic economyIndia is exploring Deposit Refund Schemes (DRS) to tackle plastic waste, where consumers pay a small deposit on packaged products, refunded...
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...
Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
PM Modi urges citizens to join ‘Your Money, Your Right’ movement as Rs 2,000 crore returnedPrime Minister Narendra Modi encouraged participation in the 'Your Money, Your Right' campaign, which has successfully returned Rs 2,000 cr...
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...
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 portal for unclaimed FDs, savings accounts: RBI enrolls 30 banks, check if your bank is in the listThe Reserve Bank of India launched a Centralised Web Portal called UDGAM (Unclaimed Deposits - Gateway to Access information) to help and m...
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...
Banks to launch 100 days campaign to trace & settle unclaimed deposits: RBIThese amounts are transferred by banks to "Depositor Education and Awareness" (DEA) Fund maintained by the Reserve Bank of India. "The Rese...
Rs 35,000 crore unclaimed deposits: Check out, your money could be lying hereA deposit is considered to be unclaimed if there has been no activity on it for ten years or longer, such as a deposit of funds or a withdr...
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.
Unclaimed deposits of Rs 3,652 crore lying with banksCanara Bank had unclaimed funds of Rs 526 crore, followed by Union Bank of India (Rs 390 crore) and Punjab National Bank (Rs 385 crore).