Unclaimed Money: Special Drive on Anvil

2023 • 18min • News • Business


Published On: May 10, 2023 - Unclaimed money at banks is in the news after Finance Minister Nirmala Sitharaman's nudge to regulators to launch a special drive for settlement of unclaimed bank deposits. Shweta Kothari joins Ankit Garg, founder of Garg Law Chambers and independent markets commentator Srinath Sridharan to know why a significant chunk of unclaimed money are lying with banks.