India, March 24 -- The Government of India has issued a release:
The Financial Sector Regulators namely, Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), and Securities and Exchange Board of India (SEBI) have informed that as on 28.02.2026, the unclaimed amount transferred by Public Sector Banks (PSBs) to the Depositor Education and Awareness (DEA) Fund of RBI is Rs. 60,518 crore (as on 31.1.2026). Further, the unclaimed insurance amount outstanding with the insurers is Rs. 8,973.89 crore(as on 28.2.2026). Also, the value of unclaimed amounts in mutual funds under SEBI regulations is Rs. 3,749.34 crore(as on 28.2.2026).
In order to ensure timely identification of rightful claimants, reducing bo...