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...
29 May, 2026, 09.09 PM IST
Government launches common landing portal for unclaimed financial assetsThe initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat...
29 May, 2026, 08.42 PM IST
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...
15 May, 2026, 06.48 PM IST
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...
06 May, 2026, 12.38 AM IST
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...
05 May, 2026, 06.24 PM IST
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...
29 Apr, 2026, 09.17 PM IST
Final call for $1,050! Millions warned payments are ending forever—are you eligible?Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used...
19 Apr, 2026, 12.41 AM IST
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...
20 Mar, 2026, 09.04 PM IST
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 Jul, 2025, 05.33 PM IST
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...
24 Sep, 2024, 04.50 PM IST
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 ...
06 Mar, 2024, 11.52 AM IST
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...
05 Mar, 2024, 08.14 PM IST
IRDAI issues new circular to help speedy disbursal of unclaimed insurance moneyDue to an increase in unclaimed amounts and concerns from insurers over regulatory compliance, the Insurance Regulatory & Development Autho...
19 Feb, 2024, 12.06 PM IST
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...
25 Jul, 2023, 12.00 PM IST
Unclaimed deposits: How a nominee, legal heir can make a claim after death of depositorIn order for potential claimants to check the names online before going to the bank, the Reserve Bank of India has encouraged banks to publ...
17 May, 2023, 01.01 PM IST
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...
09 May, 2023, 01.15 PM IST
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...
06 Apr, 2023, 04.56 PM IST