
The Reserve Bank of India (RBI) has introduced a new web portal, "Unclaimed Deposits - Gateway to Access InforMation" (UDGAM), to facilitate the return of unclaimed deposits from banks to their rightful owners. What is UDGAM? UDGAM allows individuals to search for unclaimed deposits across various banks in one convenient location. By March 2023, both public and private sector banks had moved approximately Rs 42,272 crore to the Depositor Education and Awareness Fund. RBI announced the creation of this centra






