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More than Rs 72,000 crore successful unclaimed slope deposits, including amounts lying with overseas lenders, person been transferred to a money maintained by the Reserve Bank of India (RBI), the authorities told Parliament connected Tuesday. The wealth is held successful the Depositor Education and Awareness (DEA) Fund and reflects balances that person remained untouched for a decennary oregon more.Minister of authorities for concern Pankaj Chaudhary, successful a written reply successful the Rajya Sabha, said deposits successful savings oregon existent accounts that stay inoperative for 10 years, oregon word deposits not claimed wrong 10 years from maturity, are classified arsenic unclaimed and shifted to the DEA Fund managed by the RBI.
PSU banks relationship for bulk of unclaimed money
Data shared with Parliament showed that nationalist assemblage banks relationship for the largest stock of specified deposits. As of January 28, 2026, unclaimed deposits with state-owned banks stood astatine Rs 60,571.02 crore. Private assemblage banks held Rs 9,607.76 crore, portion overseas banks accounted for Rs 2,275.01 crore.Taken together, unclaimed deposits crossed the banking strategy totalled Rs 72,454 crore arsenic of the aforesaid date, Chaudhary said.
Steps to assistance depositors hint their money
To trim the banal of unclaimed deposits and forestall caller accumulation, the authorities and the RBI person rolled retired respective measures. These see the motorboat of a centralised online platform, UDGAM (Unclaimed Deposits – Gateway to Access Information), which allows the nationalist to hunt for unclaimed deposits crossed aggregate banks astatine 1 place, reported PTI.The curate besides said the Banking Laws (Amendment) Act, 2025, has introduced provisions allowing customers to marque aggregate nominations, up to four, either successive oregon simultaneous, to amended the chances of rightful claimants accessing deposits.
How DEA funds are being used
Chaudhary said the DEA Fund is besides utilized to concern initiatives aimed astatine improving fiscal awareness. These see programmes for fiscal literacy among excluded sections, seminars connected harmless and unafraid banking practices, and backing probe and projects related to depositor education.
Priority assemblage boost for cooperative lending
Replying to different question, the curate said loans sanctioned by banks to the National Cooperative Development Corporation (NCDC) from January 19, 2026, for on-lending to cooperative societies, volition suffice arsenic precedence assemblage lending. This applies to banks different than determination agrarian banks, municipality cooperative banks, tiny concern banks and section country banks, and is taxable to conditions nether the Master Direction connected Priority Sector Lending, 2025.
NIIF corpus and unsecured indebtedness trends
Chaudhary besides informed Parliament that the full corpus of the National Investment and Infrastructure Fund (NIIF) stood astatine Rs 33,249 crore arsenic of December 2025, with investments dispersed crossed 24 entities successful sectors specified arsenic infrastructure, renewable energy, healthcare and manufacturing.On unsecured idiosyncratic loans, helium said outstanding amounts of scheduled commercialized banks roseate to Rs 9,53,181 crore arsenic of March 31, 2025, though the stock of unsecured retail loans successful full retail advances has declined to 25.2 per cent from 28 per cent successful March 2023.The RBI, helium added, continues to instrumentality regulatory steps to negociate risks and safeguard fiscal stability.
