#unclaimed-deposits
RBI tells SC: 30 banks linked to UDGAM portal; PIL seeks wider integration, hearing on unified assets search on 19 May
RBI informed the Supreme Court that 30 banks are now integrated with the UDGAM portal, allowing legal heirs to search unclaimed deposits online. The PIL highlights the need for greater integration of assets such as post office deposits and insurance. The SC w…
UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SC
The submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journalist Sucheta Dalal seeking a direction to set up a mechanism to inform the legal heirs of deceased depositors about the u…