Unclaimed Deposits With Banks Rise 28% In FY23

2023 • 5min • News • Business


Published On: December 20, 2023 - Unclaimed deposits with banks rose 28% in FY23. In numbers, Rs 42,270 crore were lying unclaimed with banks as of March 2023. In FY22, Rs 32,934 crore were unclaimed deposits with banks. Unclaimed deposits is the amount which is lying in inoperative, dormant accounts for the last 10 years. Join News9’s Shweta Kothari and Kartik Malhotra for more on this story.