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Financial assets worth Rs 1.82 lakh crore lying unclaimed with banks and regulators: Sitharaman urges people to claim their dues
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The Indian Express
Financial assets worth Rs 1.82 lakh crore are lying unclaimed with banks and regulators, and institutions need to ensure these reach the rightful owners, said Union Finance Minister Nirmala Sitharaman on Saturday.
According to M Nagaraju, as of August 31, 2025, banks have transferred more than Rs 75,000 crore worth of unclaimed deposits to the RBI.
In the insurance sector, about Rs 14,000 crore worth of policies are lying unclaimed.
About Rs 3,000 crore worth of Mutual Funds are unclaimed in India.
But the highest amount, which is almost 50% of all unclaimed assets, are in equity where 172 crore company shares, and dividends, valued at Rs 90,000 crore, remain unclaimed.