
Unclaimed deposits over Rs 78,000 crore! New simplified process for account holders, nominees soon to retrieve money – The Times of India
Banks are implementing new RBI guidelines for unclaimed deposits and inactive accounts, effective April 1. (AI image) Banks across India will introduce a new format to help account holders or nominees recover unclaimed deposits exceeding ₹78,213 crore, according to informed sources.Banks are implementing new RBI guidelines for unclaimed deposits and inactive accounts, effective April 1….