RBI Launches ‘100 Days 100 Pays’ Campaign to Settle Unclaimed Deposits

The Reserve Bank of India (RBI) has recently initiated the ‘100 Days 100 Pays’ campaign, aimed at tracing and settling the top 100 unclaimed deposits of every bank in every district within a span of 100 days.
This campaign is part of the RBI’s ongoing efforts to reduce the quantum of unclaimed deposits in the banking system and ensure their rightful return to owners or claimants. With the launch of this campaign, the RBI hopes to bring attention to the issue of unclaimed deposits and facilitate their resolution.