Would you ever let go of Rs.35,000 crore? No! Right? But that’s exactly what thousands of investors have done. In February this year, the total amount of unclaimed deposits transferred to the Reserve Bank of India (RBI) by public sector banks was Rs.35,012 crore. The RBI has now announced that it will launch a centralised portal that will share the details regarding such deposits and their beneficiaries. One of the reasons this happens is that account holders do not appoint a nominee who will ha ..
