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Nirmala Sitharaman flags Rs 1.84 lakh crore in unclaimed financial assets with banks, regulators

Summary by Moneycontrol
Nirmala Sitharaman also explained that unclaimed funds are transferred between institutions depending on the nature of the asset, from banks to the RBI for deposits, and from SEBI to the IEPF for shares and other investments.

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Union Finance Minister Nirmala Sitharaman on Saturday, October 4, said that banks and financial regulators have ‘unclaimed assets’ worth ₹1.84 lakh crore. She urged officials to ensure that this money reaches its rightful owners. Sitharaman launched the “Aapki Punji, Aapka Adhikar” campaign at an event in Gandhinagar. The campaign will run for three months and its main objectives are vigilance, access and action. The aim of the campaign is to he…

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theindianawaaz.com broke the news in on Saturday, October 4, 2025.
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