Question
By what percentage did unclaimed deposits in Indian
banks rise from the previous year to March 2023?Solution
The rate of unclaimed deposits in Indian banks has risen by 28% annual increase in unclaimed deposits with the banks to Rs 42,272 crore as on March 2023. At the end of March 2023, the amount of unclaimed deposits in Indian banks was recorded at Rs 42,272 crore, while the previous year, there was Rs 32,934 crore.
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