Question
What is the purpose of the centralized portal being set
up by RBI?Solution
 The Reserve Bank of India has decided to set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries across various banks. About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more.       In order to improve and widen the access of depositors or beneficiaries, it has been decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits   State Bank of India (SBI) tops the chart of unclaimed deposits worth Rs 8,086 crore followed by Punjab National Bank Rs 5,340 crore, Canara Bank Rs 4,558 crore and Bank of Baroda Rs 3,904 crore.
Karur Vysya Bank (KVB) partnered with which organization to offer the new dual-benefit insurance product called Kshema Kisan Sathi?
Who is the famous santoor player in India?
Which among the following is not a crypto currency ?
In MCLR, what does M stand for?
_______, which translates to 'dance of the enchantress,' stands out as one of the most captivating expressions in the Indian classical dance repertoire....
Which institution is primarily responsible for safeguarding and managing a country's foreign exchange reserves?
In May 2019, Prem Singh Tamang was sworn in as the Chief Minister of:
Which of the following towns is not connected with the leather industry in Tamilnadu?
Into how many macro agriculture regions has Randhawa divided India?
What is the main advantage that ABC Corporation has derived from adopting accounting standards?
Relevant for Exams:
