Nearly Rs 49,000 cr lying unclaimed with banks, insurers: MoS
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An estimated Rs 49,000 crore is lying unclaimed with banks and insurance companies, the Minister of State for Finance Bhagwat Karad informed the Rajya Sabha. The data on the unclaimed amount is till December 31, 2020. Giving the details in a written reply, the minister said as per information received from RBI, the total amount of unclaimed deposits of banks stood at Rs 24,356 crore, as on December 31, 2020.