UDGAM PORTAL
● "UDGAM" stands for Unclaimed Deposits - Gateway to Access InforMation

● This portal provides centralized data regarding unclaimed deposits across multiple banks in one place.
● Presently, around 30 banks have joined the portal, including major ones like SBI, ICICI Bank, and HDFC Bank.
● UDGAM enables users to identify their unclaimed deposits and accounts, allowing them to either claim the deposit amount or reactivate their accounts at their respective banks.
#Economy #Banking

🚨 RBI Big Relief for Customers!

If money is lost due to OTP sharing fraud, customers can now get compensation up to ₹25,000.

🏦 Reserve Bank of India Governor Sanjay Malhotra announced:

✅ Compensation even if fraud happens due to customer mistake
✅ Quick redressal for digital payment frauds
✅ Stronger & safer UPI ecosystem
✅ Small NBFCs (< ₹1,000 crore assets) get regulatory relief

📌 Aim: Protect users & strengthen digital trust.

Stay alert. Don’t share OTPs.
#RBI #Banking #UPI #DigitalSafety #FinancialAwareness