RBI Fund Holds ₹86,917 Cr in Unclaimed Deposits

The Finance Ministry has informed Parliament that a significant amount of ₹86,917 crore is lying unclaimed in the RBI fund. This substantial sum is a part of the deposits that have not been claimed by their rightful owners. The disclosure highlights the need for awareness and measures to reunite these funds with their legitimate claimants. The RBI fund, managed by the Reserve Bank of India, holds these unclaimed amounts due to various reasons such as account holder's death, forgetfulness, or lack of knowledge about the deposits.