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UNCLAIMED FINANCIAL 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...
- Are you creating a SIP portfolio that no one is watching? Scattered investments to unclaimed SIPs, here's how to fix housekeeping riskAt least once a year, pull a consolidated account statement to see everything in one go: check for overlap across schemes; flag any fund tr...
- Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
- 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...
- 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...
- Sebi eases nomination rules for demat accounts, mutual funds. Check full detailsSEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holder...
- 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...
- 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...
- Unclaimed amount transferred by PSBs to RBI fund at Rs 60,518 crore: MoS FinanceUnclaimed funds in public sector banks, insurance companies, and mutual funds have reached significant levels. Banks hold Rs 60,518 crore, ...
- $1,000 checks headed to Americans with no action required — here’s what to knowAmericans to automatically get $1,000 verified checks for unclaimed property with no extra steps required. Millions of residents nationwide...
- Unclaimed assets worth ₹4,200 crore restored to owners: Finance MinistryA nationwide campaign, "Your Money, Your Right," successfully returned approximately ₹4,200 crore in unclaimed financial assets to their ri...
- 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...
- Lenders provide loans worth Rs 34 lakh cr under Mudra Yojana: MoS FinanceLaunched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 ...
- FinMin, RBI working on portal to help citizens claim unclaimed assets: DFS SecyThe finance ministry is working with the Reserve Bank of India to build a single portal that will allow citizens to track and claim unclaim...
- Supreme Court directs RBI, SEBI, IRDAI to track Rs 3.5L crore unclaimed assetsThe Supreme Court has asked financial regulators like RBI and SEBI to respond to a petition concerning unclaimed assets. A petition highlig...
- Financial assets worth Rs 1.84 lakh crore lying unclaimed with banks, regulators: SitharamanUnion Finance Minister Nirmala Sitharaman launched a campaign in Gandhinagar. The initiative aims to return 1.84 lakh crore rupees in uncla...
- FM Nirmala Sitharaman to launch nationwide awareness campaign for unclaimed financial assets on October 4Finance Minister Nirmala Sitharaman will launch a three-month nationwide awareness campaign, 'Apki Poonji, Apka Adhikar', starting October ...
- 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...
- Sebi, DigiLocker to reduce unclaimed financial assetsThe regulator said investors using the DigiLocker facility will now be able to get their mutual fund statements, demat account holdings and...
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