India Business News: NEW DELHI: The Reserve Bank of India's Annual Report, released on Thursday, revealed that unclaimed deposits in banks have surged by 26% year-on-year,.
Unclaimed deposits with banks rise 26 pc to Rs 78,213 crore orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Unclaimed deposits with banks have surged by 26% year on year to Rs 78,213 crore by March 2024, according to the RBI Annual Report. Aimed at assisting depositors, RBI has issued new guidelines for managing inoperative accounts and unclaimed deposits. Additionally, the RBI launched UDGAM, a centralized web portal, to help depositors search for unclaimed deposits.
Unclaimed deposits with banks rise 26% to ₹78,213 crore - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.