RBI Launches UDGAM to Help Trace Unclaimed Bank Balances
The Reserve Bank of India (RBI) launched its centralised platform, Unclaimed balances – Gateway to Access inforMation or UDGAM, on August 17, promising help to those with unclaimed bank balances. People may trace all of their unclaimed deposits from various banks using the service. At its monetary policy meeting on April 6, 2023, the RBI … Read more