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  RBI announces new central portal for tracking unclaimed deposits: Details

  Business | April 06, 2023 14:51 IST

  The Reserve Bank of India (RBI) has announced the launch of a new centralised web portal to search for unclaimed deposits that are more than ten years old.

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  RBI reduces interest rate on unclaimed deposits by 50 bps to 3.5%

  Business | June 07, 2018 20:54 IST

  In June 2014, RBI had specified that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing deposit amount transferred to the DEA Fund will be 4 per cent simple interest per annum.   

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  Uttarakhand: Cremate unclaimed bodies with Vedic rituals, demands Swami Ramdev

  India | June 30, 2013 22:27 IST

  Haridwar, Jun 30: Yoga guru Swami Ramdev today took exception to the manner in which bodies of people killed in the natural calamity in Uttarakhand were being treated by the authorities, saying they should be