RBI launches ‘100 days 100 pays’ campaign
The Reserve Bank of India (RBI) has launched a campaign ‘100 Days 100 Pays’ for banks to trace and settle the top 100 unclaimed deposits of every bank in every district of the country within 100 days.
Aim: To reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/claimants.
An unclaimed deposit is one which does not see any activity for 10 years or more and is deemed as an inactive deposit.
5th edition of global ayurveda festival
