UDGAM English news | UDGAM, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

The Reserve Bank of India (RBI) on Thursday launched a centralised web portal- UDGAM (unclaimed deposits – gateway to access information).This portal has been developed by RBI for use by members of public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks in one place."The Reserve Bank of India had announced the development of a centralised web portal for searching unclaimed deposits as part of the statement on developmental and regulatory policies dated April 06, 2023," RBI said in a statement.Given the increasing trend in the amount of unclaimed deposits, RBI has been undertaking public awareness campaigns from time to time to sensitise the public on this matter. Further, through these initiatives, the RBI has been encouraging members of public to identify and approach their respective banks for claiming unclaimed deposits," it added.The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology & Allied Services (IFTAS) and participating banks have collaborated on developing the portal. With UDGAM, users would be able to access the details of their unclaimed deposits in respect of seven banks presently available on the portal.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Marathi Language Controversy

Maharashtra News

Mumbai Local

Weather Update

Mumbai Rains

Ahmedabad Plane Crash

UdgamFOLLOW

Udgam, Latest News

National :RBI launches centralised web portal for searching unclaimed deposits

The Reserve Bank of India (RBI) on Thursday launched a centralised web portal- UDGAM (unclaimed deposits – gateway to ... ...