RBI asks banks to review accounts ‘inoperative’ for over a year
RBI says to classify an account as ‘inoperative’, only customer-induced transactions and not bank-induced transactions shall be considered
unclaimed deposits
January 2024
April 2023
Unclaimed deposits worth ₹35,012 cr of PSBs transferred to RBI: FinMin
SBI had the highest amount of unclaimed deposits at ₹8,086 cr, followed by Punjab National Bank at ₹5,340 cr and Bank of Baroda at ₹3,904 cr, says govt
