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07May 2026

UDGAM Portal Expanded to Trace Unclaimed Bank Deposits

UDGAM Portal Expanded to Trace Unclaimed Bank Deposits Why in the News ? The Reserve Bank of India informed the Supreme Court that 30 banks have been integrated with the UDGAM portal, enabling legal heirs to identify unclaimed deposits of deceased account holders and improving transparency in dormant financial assets management. RBI’s UDGAM Portal and …

08Jun 2024

RBI TO ESTABLISH DIGITAL PAYMENTS PLATFORM TO CURB FRAUD

Why in the news? RBI proposes a platform for network-level intelligence and real-time data sharing to curb digital payment frauds. RBI plans to include recurring payments like Fastag and National Common Mobility Card (NCMC) in the e-mandate framework. To promote quick small-value payments through an on-device wallet, RBI proposes bringing UPI Lite under the e-mandate …

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UDGAM Portal Expanded to Trace Unclaimed Bank Deposits

RBI TO ESTABLISH DIGITAL PAYMENTS PLATFORM TO CURB FRAUD

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