GK and monthly revision

Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS Finance

The government has revealed that over Rs 72,454 crore in unclaimed bank deposits are currently held by the Reserve Bank of India's Depositor Education and Awareness (DEA) Fund. This highlights the need for measures to help people locate and claim their lost money. The government is also focusing on boosting cooperative banks and infrastructure investment, as well as seeing an increase in unsecured personal loans. This information is highly relevant for competitive exams, as it covers key economic and financial developments in India.