Overview
- Minister of State for Finance Pankaj Chaudhary said about Rs 2,000 crore was reclaimed in October and November under the ‘Aapki Poonji, Aapka Adhikar’ drive.
- RBI Deputy Governor Shirish Chandra Murmu reported a Rs 760 crore reduction in unclaimed deposits in October, far above the typical Rs 100–150 crore monthly decline.
- The central bank’s ‘Scheme for Facilitating Accelerated Payout’ is in effect from October 1, 2025 to September 30, 2026 to incentivize banks to trace and return balances.
- Prime Minister Narendra Modi highlighted that roughly Rs 1.04 lakh crore remains unclaimed across financial sectors, including about Rs 78,000 crore in bank accounts.
- Authorities are conducting camps in 477 districts and directing citizens to regulators’ portals such as RBI’s UDGAM, IRDAI’s Bima Bharosa and SEBI’s MITRA, while data show large DEA Fund transfers by PSBs led by SBI at Rs 19,330 crore.