The “Depositor Education and Awareness Fund Scheme, 2014”, was notified by Reserve Bank of India (RBI), which covers norms related to unclaimed deposits and outlines details of utilisation of fund including, inter alia, promotion of depositors’ interests and other purposes as may be specified by the RBI. As a result of various steps undertaken to return the unclaimed deposits to their rightful owners/claimants, total ₹5,729 crore has been transferred from “Depositor Education and Awareness” (DEA) Fund to banks towards refund of settling unclaimed deposits, in last five-years. RBI has also launched campaign “100 Days 100 Pays” for banks to trace and settle top 100 unclaimed deposits of every bank in every district of the country within 100 days.
During Rajnath Singh's visit to the U.K., what was the focus of the LoA (Letter of Agreement) signed between India and the U.K.?
With reference to the Contingent Risk Buffer (CBR), consider the following statements:
1. Reserve Bank of India will transfer Rs 30,307 crore a...
What is the primary category under which the Defence Ministry is procuring weapons systems and platforms, giving a boost to 'Aatmanirbhar Bharat' in the...
Recently _____________ release the Social Progress Index (SPI) for states and districts of India on December 20, 2022.
Who has become the first uncapped player to score a century in the playoffs at IPL 2022?
Which of the following bank has bagged the Best Small Bank award in the Best Banks survey for the year 2022?
IDFC First Bank has tied up with which bank for the easy fuel payments using Fast Tag?
The government is going to sell up to three per cent stake in Coal India Ltd through the offer for sale route. The sale of 3 per cent stake in Coal I...
Who inaugurated the Integrated Simulator Complex 'Dhruv' at Southern Naval Command, Kochi?
The first declared biodiversity heritage site under the Biodiversity Act 2022 ‘Arittapatti Village’ has been observed as the first of a kind belon...
