Unclaimed deposits

Moneylife has reported that the telecom minister Kapil Sibal informed the Lok Sabha that as much as Rs752 crore is lying as unclaimed deposits in more than 24.9 million inactive savings accounts in post-offices. West Bengal led the tally of unclaimed deposits with over Rs107 crore lying in 2.016 million accounts, followed by Tamil Nadu (Rs105.87 crore in 6.272 million accounts) and Uttar...

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