Browsing: unclaimed deposits

Handling complaints costs RBI Rs 144 cr in FY23. Photo: Shutterstock UDGAM, meaning “Gateway to Access Information” for Unclaimed Deposits,…

The Depositor Education and Awareness (DEA) Fund Scheme, established in 2014, collects unclaimed deposits from banks in India. These…

The Reserve Bank of India (RBI) has recently released a set of frequently asked questions to help depositors in claiming…

In the first part, we looked into how to check your unclaimed deposits and investments, documents and the steps you…

The shares, dividends, and debentures that have remained unclaimed for seven years or more get transferred to the Investor Education…

The data revealed in the Parliament on Dec 19 showed that the total unclaimed deposits with banks amount to ₹42,270…

Balances in savings / current accounts that are not operated for 10 years, or term deposits not claimed within 10…

RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts…

RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts…