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Unclaimed Money Alert! RBI Asks Banks To Step Up Efforts To Reunite Owners With Funds

A savings/current account would be treated as inoperative, if there are no ‘customer-induced transactions’ in the account for a period of over two years.

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RBI Launches Campaign To Resolve Top Unclaimed Deposits In Banks

If there has been no activity on a deposit for ten years or longer, it is considered to be unclaimed.

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Unclaimed Money In Banks: RBI Brings Campaign To Track, Settle Deposits; Check All Details Here

State Bank of India (SBI) tops the chart of unclaimed deposits worth Rs 8,086 crore followed by Punjab National Bank Rs 5,340 crore

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RBI MPC meeting outcome April 2023: Governor Shaktikanta Das announces single centralised web portal for unclaimed bank deposits - All you need to know

RBI MPC meeting outcome April 2023: About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more., Personal Finance News, Times Now

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SBI Tops In Unclaimed Deposits, PNB At Second; Rs 35,012 Cr Transferred By PSBs To RBI

These unclaimed deposits belong to 10.24 crore accounts transferred to the Reserve Bank of India (RBI) as of the end of February 2023.

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