News

It was alleged that HSBC did not provide a searchable database of unclaimed deposits on its website, and it did not assign a UDRN to some deposits that were transferred to the DEA Fund.

RBI Penalises HSBC Bank for Non-Compliance With Directions on inoperative accounts and unclaimed deposits

Articles

Out of the total amount, public sector banks had the highest outstanding unclaimed deposits of Rs 60,571.02 crore as of January 28, 2026.

Over Rs 72,000 Crore Unclaimed Bank Deposits with RBI: MoS Finance Pankaj Chaudhary

Circulars

RBI suggests introducing some significant amendments for bank customers who are facing problems in retrieving their inactive bank accounts.

RBI Planning to Give Big Relief to Customers Facing Issues in Activating Inoperative Accounts or Claiming Unclaimed Deposits

The Reserve Bank of India(RBI) has issued revised instructions on Inoperative Bank Accounts/ Unclaimed Deposits.

RBI issues Revised Instructions on Inoperative Bank Accounts/ Unclaimed Deposits

The Governor of Reserve Bank of India has launched a Centralised Web Portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation) on thursday.

RBI launches UDGAM - a Centralised Web Portal for searching Unclaimed Deposits

The “Depositor Education and Awareness Fund Scheme, 2014”, was notified by RBI, which covers norms related to unclaimed deposits and outlines details of utilisation of fund.

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RBI Penalises HSBC Bank for Non-Compliance With Directions on inoperative accounts and unclaimed deposits

Over Rs 72,000 Crore Unclaimed Bank Deposits with RBI: MoS Finance Pankaj Chaudhary

RBI Planning to Give Big Relief to Customers Facing Issues in Activating Inoperative Accounts or Claiming Unclaimed Deposits

RBI issues Revised Instructions on Inoperative Bank Accounts/ Unclaimed Deposits

RBI launches UDGAM - a Centralised Web Portal for searching Unclaimed Deposits

Banks receive Rs.5,729 Crore from DEA Fund for Settling Unclaimed Deposit Refunds