RESERVE BANK OF INDIA ______ _

DBOD.CO.RIA.
By Speed Post
www.rbi.org.in
'J-,t;
July ,2012
Shri Subhash Chandra Agrawal
1775 Kucha Lattushah
Dariba, Chandn i Chowk
Delhi - 110 006
Dear Sir,
Right to Information Act 2005
Our Ref.No.RIA 6319 (2011-12)
Please refer to your letter dated June 18, 2012 under the Right to Information Act, 2005,
addressed to our New Delhi Office, seeking certain information.
2. The information sought vide your above letter is furnished in the Annex.
3. Your queries have also been forwarded to our Rural Planning & Credit Department (RPCD) and
Department of Payment & Settlement Systems (DPSS), Central Office, RBI, Mumbai - 400 001, for
furnishing information, if any, available with them.
4. We would like to inform that the First Appellate Authority in Reserve Bank of India is Shri V. S.
Das, Executive Director, Reserve Bank of India, Department of Banking Operations and
Development, Central Office Building, Shahid Bhagat Singh Road, Fort, Mumbai - 400001. Appeal,
if any, in respect of the above reply, should be preferred within 30 days to the First Appellate
Authority.
Yours faithfully

Central Public Information Officer
Encl: As above
Department of Banking Operations and Development, Central Office, Shahid Bhagat Singh Marg, Fort, Mumhai - 400001
ITel No; 91-22-22601000t'ffi/Fax No: 91-22-22705691 EmaillD:cgmicdhodco@rbi.org.in

Annex
SrNo Query Reply
1
Period after which bank-accounts We have vide our circular DBOD.NO.Leg.BC.34 /
become inoperative for non-operation
09.07.005 /2008-09 dated August 22, 2008 (copy
enclosed) issued guidelines to all Scheduled
Commercial Banks on unclaimed deposits /
inoperative accounts in banks. The paragraphs 2
(iv) (v) (vi) of the circular are detailed below:
(iv) A savings as well as current account should
be treated as inoperative / dormant if there are no
transactions in the account for over a period of
two years.
(v) In case any reply is given by the account
holder giving the reasons for not operating the
account, banks should continue classifying the
same as an operative account for one more year
within which period the account holder may be
requested to operate the account. However, in
case the account holder still does not operate the
same during the extended period, banks should
classify the same as inoperative account after the
expiry of the extended period.
(vi) For the purpose of classifying an account as
'inoperative' both the type of transactions i.e. debit
as well as credit transactions induced at the
instance of customers as well as third party
should be considered. However, the service
charges levied by the bank or interest credited by
the bank should not be considered.
2 Total number of such inoperative bank Section 26 of the Banking Regulation Act, 1949,
accounts and total amount in such provides inter alia, that every banking company
inoperative accounts for each of the shall, within 30 days after close of each calendar
Bank as per data last available / year submit a return in the prescribed form and
compiled. manner to the Reserve Bank of India as at the
end of such calendar year (i.e. 31
st
December) of
all accounts in India which have not been
operated upon for 10 years.
The information pertaining to Unclaimed Deposits
in Form IX received from all Scheduled
Commercial Banks as on December 31, every
year is consolidated (bank-wise) and a statement
is forwarded to the Ministry of Finance,
Government of India.
The total number of accounts and the total
amount of Unclaimed Deposits (which have not
been operated upon for 10 years) with all
Scheduled Commercial Banks as at the end of
December 31, 2011 are 11249844 and
: I I Rs.2481,39,70,461.47 respectively. Statement
~ . showing bank-wise data is enclosed.
7
3 Is there any system whereby money No.
parked in such inoperative bank
accounts transferred to some
government-fund or to RBI after some
specified period like a system exists for
compulsory transfer of unclaimed
dividends of companies to a
government-fund?
4 If yes, please provide details. Our reply to query 3 is No.
5 If no to (3)} m p l e t e and detailed The Banking Laws (Amendment) Bill, 2011 has
information on steps taken to transfer been introduced in the Loksabha and a new
money in such inoperative bank- Section 26A regarding Establishment of Depositor
accounts transferred to some Education and Awareness Fund is proposed.
government-fund or to RBI after some
specified period.
6 Complete and detailed information on We have vide our circular DBOD.NO.Leg.BC.34 1
steps taken by Banks to inform 09.07.005/2008-09 dated August 22, 2008 I
account holders and/or their legal heirs' (mentioned at Sr.No. 1) issued guidelines to all
about inoperative accounts.
Complete and detailed information on
funds parked in different banks
separately for each bank in accounts
like 'suspense' or in some other
name/form etc. where such amounts
are held by Banks for more than three
years mentioning total such amounts
and number of account
holders/deposit ors etc. affected by
such suspense amount till date the
data is last available/compiled.
Is there any system whereby money
parked in such suspense-accounts etc
transferred to some government-fund
or to RBI after some specified period
like a system exists for compulsory
Scheduled Commercial Banks on unclaimed
deposits 1 inoperative accounts in banks.
We have vide our circular DBOD.NO.Leg.BC.81
1 09.07.005 1 2011-12 dated February 07, 2012
(copy enclosed) issued guidelines to all
Scheduled Commercial Banks on unclaimed
deposits 1 inoperative accounts in banks - Display
list of Inoperative Accounts.
Further, we have vide our circular
DBOD.NO.Leg.BC.108 1 09.07.005 1 2011-12
dated June 06, 2012 (copy enclosed) issued
guidelines to all Scheduled Commercial Banks on
Strengthening the Requlatory Framework for
Unclaimed Deposits.
We have no information on funds parked in
different banks separately for each bank in
accounts like suspense or in some other name 1
form etc. where such amounts are held by banks
for more than three years.
We receive information pertaining to Unclaimed
Deposits (which have not been operated upon for
10 years) from all Scheduled Commercial Banks
as on December 31, every year which is
consolidated and a statement is forwarded to the
Ministry of Finance, Government of India. The
statement showing the total amount of Unclaimed
Deposits (Which have not been operated upon for
10 years) with all Scheduled Commercial Banks
as on December 31, 2011 is enclosed at Sr. No.
2.
No. 8
I
9
10
13
14
transfer of unclaimed dividends of
companies to a government-fund?
If yes, please provide details. Our reply to query NO.8 is No
If no to (8) complete and detailed
information on steps taken to transfer
money in such 'suspense' accounts
etc transferred to some government-
fund or to RBI after some specified
period.
11 Complete and detailed information on
steps taken by Banks to inform
account holders and/or their legal heirs
about their money held in accounts like
suspense-accounts or such similar
accounts in some other name or form
Please see our reply at Sr. NO.10 above.
etc.
12 Complete and detailed information on
funds not claimed by depositors after
three years of maturity-dates
I
separately for each mentioning total
such amounts and number of
depositors till date the data is last
available/compiled.
We do not have requisite information in this
regard.
Is there any system whereby money
parked in such deposit-accounts etc.
transferred to some government-fund
or to RBI after some specified period of
maturity date like a system exists for
compulsory transfer of unclaimed
dividends of companies to a
government-fund?
If yes, please provide details. Our reply to query NO.13 is No.
15 If no to (13), complete and detailed
information on steps taken to transfer
unclaimed deposits after maturity dates
transferred to some government-fund
or to RBI after some specified period.
16 Complete and detailed information on
steps taken by Banks to inform
depositors and/or their legal heirs
about their deposits unclaimed after
maturity dates.
The issue of dealing with amounts to the credit of
Suspense accounts with banks is under
examination.
No.
I
The Banking Laws (Amendment) Bill, 2011 has
been introduced in the Loksabha and a new
Section 26A regarding Establishment of Depositor
Education and Awareness Fund is proposed.
We have vide our circular DBOD.NO.Leg.BC.34 1
09.07.005/2008-09 dated August 22, 2008 issued
guidelines to all Scheduled Commercial Banks on
unclaimed deposits 1 inoperative accounts in
banks.
We have vide our circular DBOD.I\IO.Leg.BC.81
1 09.07.005 1 2011-12 dated February 07, 2012
issued guidelines to all Scheduled Commercial
Banks on unclaimed deposits 1 inoperative
accounts in banks - Display list of Inoperative
Accounts.
Further, we have vide our circular
DBOD.NO.Leg.BC.108 1 09.07.005 1 2011-12
dated June 06, 2012 issued guidelines to all
Scheduled Commercial Banks on Strengthening
the Regulatory Framework for Unclaimed
17
18
Deposits.
Is it true that 15-digit permanent bank
We have not issued any specific guidelines in this
account numbers are compulsory to be regard.
provided to each bank account holder?
Last date by which banks have to
compulsorily provide such 15-digit
account numbers
19 Is it true that several banks (like
Corporat ion Bank for Corp-classic
accounts) have failed to provide 15
digit account numbers to each of their
account holde r?
Complete and detailed information on
steps taken to make banks
compulsorily provide 15-digit account
numbers to all account-holders
mentioning also steps taken to inform
account-holders of change of account
numbers and to issue new cheque
books with 15-digit new account
numbers printed on cheque books.
21 Is it true that some system is being
formulated for change of bank while
retaining same account-number?
We have no information to furnish in this regard.
However, your query has been forwarded to our
Department of Payment of Payment & Settlement
Systems (DPSS), Central Office, RBI, Mumbai
400 001, for furnishing information, if any,
available with them.
Please see our reply at Sr. No. 18 above.
--=----------------------1
Please see our reply at Sr. No. 18 above.
We have no information to furnish in this regard.
22 If yes, please provide details. Please see our reply at Sr. No. 21 above.
23
24
Complete and detailed information
together with related file-notings
Icorrespondence/documents etc, on
action taken on my enclosed
submissions e-mailed to RBI and also
registered at President's website 'Make
15-digit account-holders compulsory in
cheque books' (PRSEC/F/2012/08304)
dated 13.06.2012 and "Funds in
inoperativel suspense accounts of
Banks' (PRSEC/E/2012/08531) dated
17.06.2012 either by RBI or the
concerned ones where my said
submissions might have been
forwarded.
Is it true that it has been decided that
every family will compulsorily having at
least one bank-account?
As regards your email dated 17.06.2012 on
'Funds in inoperative I suspense accounts of
Banks', we have advised you vide our letter dated
July 10, 2012 (copy enclosed).
We have also forwarded your email dated
13.06.2012 on ' Make 15-digit account numbers
compulsory on cheque books' to our Department
of Payment & Settlement Systems (DPSS) and
requested them to take necessary action at their
end.
DPSS will be replying directly to you in this
regard.
We have no information to furnish in this regard.
25 If yes, please provide complete and
detailed information together with
related correspondence I file-notings I
documents etc, on reaching to the
decision mentioning also any probable
date to achieve the desired goal
mentioning also how the purpose can
We have no information to furnish in this regard.
be achieved when a family and not an
individual may required to be having at
least one bank-account when normal
banking transactions require fund-
transfer by/to an individual and not to a
family as a whole.
Estimated number of individuals having
at least one bank-account mentioning
also number of people entitled to have
a bank-account revealing minimum
age to open a bank-account by self to
be operated.
26 We have no information to furnish in this regard.
27 Is there any move that every person
entitled to operate bank-account may
compulsorily have a bank-account?
We have no information to furnish in this regard.
28 If yes, please provide details. We have no information to furnish in this regard.
29 Any other related or follow-up
information
We have no information to furnish in this regard.
RBI/2008-09/138
DBOD.No.Leg.BC.34/09.07.005/2008-09 August 22,2008
To,
AllScheduledCommercialBanks
(Excluding RRBs)
Dear Sir,
Unclaimed Deposits I Inoperative Accounts in Banks
Please refer to our Circular DBOD.No.Com.BC.1 09/C.408/A-77 dated October 1, 1977
wherein banks were advised that deposit accounts which have not been operated upon over
a period, say two years should be segregated and maintained in separate ledger/s. Further,
banks were also advised vide our circular no. DBOD.No.Leg.BC.45/C.466(1V)/89 dated
November 15, 1989 that they should ensure that their branches follow-up accounts which
remained inoperative for a year or so by sending suitable advices to the customers and if the
said letters are returned undelivered, they may immediately be put on enquiry to find out the
whereabouts of customers or their legal heirs in case they are deceased.
2. In view of the increase in the amount of the unclaimed deposits with banks year after
year and the inherent risk associated with such deposits, it is felt that banks should play a
more pro-active role in finding the whereabouts of the account holders whose accounts have
remained inoperative. Further several complaints have been received in respect of
difficulties faced by the customers on account of their accounts having been classified as
inoperative. Moreover, there is a feeling that banks are undeservedly enjoying the unclaimed
deposits, while paying no interest on it. Keeping these factors in view, we have reviewed the
above instructions issued by us and advise banks to follow the instructions detailed below
while dealing with inoperative accounts:
(i) Banks should make an annual review of accounts in which there are no operations
(i.e. no credit or debit other than crediting of periodic interest or debiting of service
charges) for more than one year. The banks may approach the customers and inform
them in writing that there has been no operation in their accounts and ascertain the
reasons for the same. In case the non operation in the account is due to shifting of the
customers from the locality, they may be asked to provide the details of the new bank
accounts to which the balance in the existing account could be transferred.
(ii) If the letters are returned undelivered, they may immediately be put on enquiry to
find out the whereabouts of customers or their legal heirs in case they are deceased.
(iii) In case the whereabouts of the customers are not traceable, banks should
consider contacting the persons who had introduced the account holder. They could
also consider contacting the employer / or any other person whose details are available
with them. They could also consider contacting the account holder telephonically in
case his telephone number / Cell number has been furnished to the bank. In case of
Non Resident accounts, the bank may also contact the account holders through email
and obtain their confirmation of the details of the account.
(iv) A savings as well as current account should be treated as inoperative / dormant if
there are no transactions in the account for over a period of two years.
(v) In case any reply is given by the account holder giving the reasons for not
operating the account, banks should continue classifying the same as an operative
account for one more year within which period the account holder may be requested to
operate the account. However, in case the account holder still does not operate the
same during the extended period, banks should classify the same as inoperative
account after the expiry of the extended period.
(vi) For the purpose of classifying an account as 'inoperative' both the type of
transactions l.e, debit as well as credit transactions induced at the instance of
customers as well as third party should be considered. However, the service charges
levied by the bank or interest credited by the bank should not be considered.
(vii) Further, the segregation of the inoperative accounts is from the point of view of
reducing risk of frauds etc. However, the customer should not be inconvenienced in any
way, just because his account has been rendered inoperative. The classification is there
only to bring to the attention of dealing staff, the increased risk in the account. The
transaction may be monitored at a higher level both from the point of view of preventing
fraud and making a Suspicious Transactions Report. However, the entire process
should remain un-noticeable by the customer.
(viii) Operation in such accounts may be allowed after due diligence as per risk
category of the customer. Due diligence would mean ensuring genuineness of the
transaction, verification of the signature and identity etc. However, it has to be ensured
that the customer is not inconvenienced as a result of extra care taken by the bank.
(ix) There should not be any charge for activation of inoperative account.
(x) Banks are also advised to ensure that the amounts lying in inoperative accounts
ledger are properly audited by the internal auditors / statutory auditors of the bank.
(Xi) Interest on savings bank accounts should be credited on regular basis whether
the account is operative or not. If a Fixed Deposit Receipt matures and proceeds are
unpaid, the amount left unclaimed with the bank will attract savings bank rate of
interest.
3. Banks may also consider launching a special drive for finding the whereabouts of the
customers / legal heirs in respect of existing accounts which have already been transferred
to the separate ledger of 'inoperative accounts'.
Yours faithfully,
Sd/
(PrashantSaran)
Chief General Manager-in-Charge
5
10
15
20
25
30
35
40
Total Unclaimed Deposits as on 31st December 2011
Sr.No. Name of the Bank No. of Accounts Amount
1 State Bank of India 710079 1404448447.55
2 State Bank of Bikaner & Jaipur 78815 175264217.00
3 State Bank of Hyderabad 96887 296429029.00
4 State Bank of Mysore 144770 376171344.00
State Bank of Patiala 527 3238660.00
6 State Bank of Travancore 64200 83558463.00
Total I 10952781 2339110160.551
NATIONALISED BANKS
7 Allahabad Bank 71640 512809024.00
8 Andhra Bank 143877 459186089.00
9 Bank of Baroda 233499 1523522883.00
Bank of India 128867 196853629.00
11 Bank of Maharashtra 261433 280865060.00
12 Canara Bank 2984149 4006140908.00
13 Central Bank of India 315898 543246107.00
14 Corporation Bank 434498 55460484.00
Dena Bank 81379 330718193.00
16 Indian Bank 216201 150960876.00
17 Indian Overseas Bank 702517 1333188462.00
18 Oriental Bank of Commerce 106354 981110222.00
19 Punjab National Bank 932458 2961166000.00
Punjab & Sind Bank 86155 384865000.00
21 Syndicate Bank 638165 709236583.00
22 Union Bank of India 748069 3061567007.00
23 United Bank of India 218099 274540896.00
24 Uco Bank 131647 284897175.00
Vijaya Bank
Total I
100667
85355721
204944990.00
18255279588.001
Other Public Sector Bank
26 lOBI BankLtd 1482941 1189875636.001
PRIVATE SECTOR BANKS
27 Axis Bank Ltd 1471 21867042.00
28 The Catholic Syrian Bank Ltd 184222 43580059.00
29 City Union Bank Ltd 62800 22969322.32
Development Credit Bank Ltd 16271 173552384.00
31 The Dhanlakshmi Bank Ltd 54828 18263227.00
32 The Federal Bank Ltd 73148 135903878.00
33 HDFC Bank Ltd 7045 75550538.00
34 Indusind Bank Ltd 1810 38735416.00
ICICI Bank Ltd 268522 880287530.00
36 ING Vysya Bank Ltd 166989 364701205.00
37 The Jammu & Kashmir Bank Ltd 35572 52429086.42
38 Kotak Mahindra Bank Ltd 269 2918300.00
39 The Karnataka Bank Ltd 61906 131895438.00
The Karur Vysya Bank Ltd 90793 65906464.38
41 The Lakshmi Vilas Bank Ltd 81203 43232037.00

, ."'
o... ;))
42 The Nainital Bank Ltd 15327 12812897.00
43 The Ratnakar Bank Ltd 6045 23220994.00
44 The South Indian Bank Ltd 15340 11367905.00
45 Tamilnad Mercantile Bank Ltd 280532 216436222.00
46 Yes Bank Ltd
0 0
Total I 14240931 2335629944.121
FOREIGN BANKS
47 Abu Dhabi Commercial Bank 35 1317160.00
48 American Express Banking Corp. 0 0.00
49 Antwerp Diamond Bank
0 0.00
50 AB Bank Limited 0 0.00
51 Bank Internasionallndonesia 0 0.00
52 Bank of Bahrain & Kuwait 360 3152215.00
53 Bank of Ceylon 0 0.00
54 Bank of Tokyo-Mitsubishi UFJ Ltd 332 10001438.00
55 Barclays Bank 13 293630.00
56 Bank of Nova Scotia 71 3464508.62
57 BNP Paribas 31 6023713.00
58 Bank of America 1025 29452644.22
59 Chinatrust Commercial Bank 13 262100.00
60 Credit Agricole Corporate & Inv.Bank 5 30205.00
61 Citibank 6709 91287814.00
62 Deutsche Bank 71 3962206.00
63 DBS Bank Ltd 0 0.00
64 The Hongkong & Shanghai Bkg. Corp. Ltd. 1844 74160165.00
65 J.P.Morgan Chase Bank 0 0.00
66 Krung Thai Public Company Ltd 0 0.00
67 Mizuho Corporate Bank 0 0.00
68 Mashreqbank 180 1675443.00
69 Oman International 336 8617348.00
70 Royal Bank of Scotland 1220 54995603.00
71 Shinhan Bank 0 0.00
72 Societe Generale 3 39707.96
73 State Bank of Mauritius Ltd 0 0.00
74 Sonali Bank 0 0.00
75 Standard Chartered Bank 34359 405339232.00
76 Commonwealth Bank of Austrelia 0 0.00
77 First Rand Bank 0 0.00
78 JSC VTB Bank 0 0.00
79 UBS A.G. 0 0.00
80 United Overseas Bank 0 0.00
81 Credit Suisse AG 0 0.00
82 SBERBANK 0 0.00
83 Australia and New Zealand Bkg. Group Ltd. 0 0.00
84 Rabobank International 0 0.00
85 Industrial and Commercial Bank of China Ltd. 0 0.00
Total I 466071 694075132.801
TOTAq 112498441 24813970461.471
ltlildlll ftyrci fq)
_
www.rbi.org.in
RBI/2011-12/389
DBOD.No.Leg.BC. 81 /09.07.005/2011-12 February 7,2012
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir,
Unclaimed Deposits/Inoperative Accounts in Banka
Display list of Inoperative Accounts
Please refer to our Circular DBOD.No.Leq.BC.34/09.07.005/2008-09 dated August
22, 2008, wherein detailed instructions have been given to banks on dealing with
unclaimed deposits / inoperative accounts. They have been advised to find the
whereabouts of the customers and their legal heirs. These instructions, inter alia,
include i) annual review of accounts in which there are no operations, ii) operations in
such accounts to be allowed after due diligence and iii) no charge to be levied for
activation of inoperative account, etc.
2. Keeping in view public interest, it has been decided that banks should, in addition
to the instructions contained in the above mentioned circular, playa more pro-active
role in finding the whereabouts of the accountholders of unclaimed deposits/
inoperative accounts. Banks are, therefore, advised that they should display the list
of unclaimed deposits/inoperative accounts which are inactive / inoperative for ten
years or more on their respective websites. The list so displayed on the websites
must contain only the names of the account holder(s) and his/her address in respect
of unclaimed deposits/inoperative accounts. In case such accounts are not in the
name of individuals, the names of individuals authorized to operate the accounts
should also be indicated. However, the account number, its type and the name of the
branch shall not be disclosed on the bank's website. The list so published by the
banks should also provide a "Find" option to enable the public to search the list of
accounts by name of the account holder.
Department of Banking Operations and Development, Central Office, Centre 1, Cuffe Parade, Colaba, Mumbal - 400005
T.' No' 91-22.22'89'31 Fu No' 9122-22183785 '0' .....'"

2
3. Banks should also give on the same website, the information on the process of
claiming the unclaimed deposit/activating the inoperative account and the necessary
forms and documents for claiming the same. Banks are required to have adequate
operational safeguards to ensure that the claimants are genuine.
4. Banks should complete action as above by June 30, 2012 and keep their websites
updated at regular intervals.
Yours faithfully,
(Deepak Singhal)
Chief General Manager -in-Charge
--------
/
\
.-I<t<"ft<q t\'?Ia
RESERVE BANK OF INDIA
-------
www.rbi.org.in
RBI 12011-12 1591
DBOD.No. Leg.Be. 108 109.07.005/2011-12 June 6,2012
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir
Strengthening the Regulatory Framework for Unclaimed Deposits
Please refer to paragraphs 102 and 103 of the Monetary Policy Statement for the year
2012-13, announced on April 17, 2012 proposing certain measures for strengthening the
Regulatory Framework for Unclaimed Deposits.
2. In terms of our Circular DBOD.No.Leg.BC.34/09.07.005/2008-09 dated August 22,
2008 detailed instructions have been given to banks on dealing with unclaimed
deposits/inoperative accounts. They have been advised to find the whereabouts of the
customers and their legal heirs. These instructions, inter alia, include i) annual review of
accounts in which there are no operations, ii) operations in such accounts to be allowed
after due diligence, and iii) no charge to be levied for activation of inoperative accounts,
etc.
3. Despite the above instructions, banks have not been pro-active in tracing customers
linked with unclaimed deposits/inoperative accounts. Also, the need to identify the
owners of these unclaimed deposits/inoperative accounts is closely linked to KYC due
diligence. Therefore, in terms of our circular DBOD.No.Leg.BC.81 /09.07.005/2011-12
dated February 7, 2012 banks were advised that they should display the list of
unclaimed deposits/inoperative accounts which are inactive/ inoperative for ten years or
more on their respective websites by June 30, 2012. The list so displayed on the
Department of Banking Operations and Development, Central Office, 12th Floor, Central Office BUilding, Shahid Bhagat Singh
Marg" Mumbai,400001
Tel No:22661602/Fax No:22705691 EmailID:cgmicdbodco@rbi.org.in
[ Ittt
-2- continuation sheet
websites must contain only the names of the account holder(s) and his/her address in
respect of unclaimed deposits/inoperative accounts, etc.
4. On a review, with a view to further strengthen the regulatory framework for inoperative
accounts and unclaimed deposits, banks are advised to put in place a Board approved
policy on classification of unclaimed deposits; grievance redressal mechanism for quick
resolution of complaints; record keeping; and periodic review of such accounts.
5. The first periodic review of unclaimed deposits/inoperative accounts should be put up
to their respective bank Boards by September 30,2012.
Yours faithfully,
(Deepak Singhal)
Chief General Manager-In-Charge
.e

'\

l
j;;
..
Statement Showing Account-wise Classification of Unclaimed Deposits of Scheduled Commercial Banks as on December 31 2011
CURRENT ACCOUNTS SAVINGS ACCOUNTS c)EPOSITS OTHER DEPOSITS
NO.OF AMOUNT NO.OF I AMOUNT NO.OF AMOUNT NO.OF AMOUNT INTEREST INCIDENTAL
ACCOUNTS
ACCOUNTS
-
ACCOUNTS

Rs. Rs. Rs. Rs. Rs. R!!.
,
NO.OF
ACCOUNTS
TOTAL UNCLAIMED
AMOUNT
Rs.
SBI GROUP 112398 30786503081 865411 1380154766.93 98461 589074609.77 19008 39717814.04 29716908.00 7411'969.00 1095278 2339110160.55
PUBLIC SECTOR BANKS 271929 1263758197.00 6882143 12039212704.00 541786 3090145185.00 988008 2981847655.00 242479614.00 1722811131.00 8683866 19445155224.00
PRIVATE SECTOR BANKS 88115 293515632.23 1014425 1370496835.24 183067 49475930419 138486 153671829 56 45869609.48 2268',266.58 1424093 2335629944.12
FOREIGN BANKS 14852 291187807,32 26970 31143510700 4349 8496241159 436 4476736.00 3617223.89 160,1.!?300 46607 694075132.80
GRAND TOTAL 487294 2156326667.36 8788949 15101299413.17 827663 4258941510.55 1145938 3179714034.60 321683355.37 20399,151958 11249844 24813970461.47
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Annex II
NAME OF THE BANK CURRENT ACCOUNTS SAVINGS ACCOUNTS FIXEO DEPOSITS OTHER DEPOSITS TOTAL UNCLAIMED DEPOSITS
NO.OF AMOUNT NO,OF AMOUNT NO.OF AMOUNT NO.OF AMOUNT INTEREST INCIDENTAL NO.OF AMOUNT
ACCOUNTS ACCOUNTS ACCOUNTS ACCOUNTS CHARGES ACCOUNTS
Sr.N PRIVATE SECTOR BANKS
1 Axis Bank Ltd 49 503011.00 1413 19692202.00 9 " 657276.00 0 0.00 1014553.00 0.00 1471 21667042.00
2 The Catholic Syrian Bank Ltd 11372 1700978.00 149209 20381862.00 11616 1'8053232.00 12025 3570099.00 679470.00 785582.00 184222 43580059.00
3 City Union Bank Ltd 4855 5144301.88 54604 12921867.84 3341 :4358301.82 0 0.00 547051.00 0.00
.
62800 22969322.32
4 Development Credit Bank Ltd 1888 23653786.00 12515 119321218.00 1888 29649086.00 0 0.00 932687.00 204393.00 16271 173552384.00
5 The Dhanlakshmi Bank Ltd 2750 7525901.00 44158 6729356.00 7920 '3985107.00 0 0.00 22863.00 0.00 54828 18263227.00
6 The Federal Bank Ltd 2275 12066983.00 53175 96335873.00 2717 '5316076.00 14981 18097833.00 4335457.00 248324.00 73148 13590387800
7 HDFC Bank Ltd 534 13112463.00 6271 66272550.00 233 ,; 257708.00 7 19998.00 882397.00 4994578.00 7045 75550538.00
8 Induslnd Bank Ltd 343 10271892.00 754 17492380.00 713 '10579437.00 0 0.00 591762.00 200055.00
-
1810 38735416.00
9 ICICI Bank Ltd 15342 132038462.00 239574 613884580.00 13606 132394805.00 0 0.00 13459323.00 11289640.00 268522 880287530.00
10 ING vvsv Bank Ltd 3764 15338581.00 92698 95118413.00 28132 154974144.00 42395 85592781.00 13679306.00 0.00 186989 364701205.00
11 The Jammu & Kashmir Bank Ltd 3489 9280107.50 16585 19025039.62 1885 11223300.36 13613 12605636.04 369789.48 74786.58 35572 52429086.42
12 Kotak Mahlndra Bank Ltd 0 0.00 0 0.00 269 2918300.00 0 0.00 0.00 0.00 269 2918300.00
13 The Kamataka Bank Ltd 1546 6399845.00 47589 85363097.00 4504 :11241288.00 8287 6907142.00 2151126.00 167060.00 61906 131895438.00
14 The Karur Vvsva Bank Ltd 6449 6605043.87 41888 14439094.98 14951 3i1285036.01 27505 13577289.52 0.00 0.00 90793 65906464.38
15 The Llkshmi Vilas Blnk Ltd 14535 6877750.00 58634 17230841.00 2720 16398179.00 5314 5805214.00 852687.00 3930634.00 81203 43232037.00
18 The Nainltal Blnk Ltd 519 930819.00 12831 6948408.00 1302 !2605879.00 675 207095300 452565.00 19572700
-
15327 12812897.00
17 The Ratnaklr Bank Ltd 1217 4745829.00 4245 9137887.00 583 '8977821.00 0 0.00 430217.00 70760.00 6045 23220994.00
18 The South Indian Bank Ltd 0 0.00 134 374952.00 1522 4933812.00 13684 5424885.00 634256.00 0.00
--
15340 11367905.00
19 Tamilnad Mercantile Bank Ltd 17188 37119919.00 178168 150049415.00 85176 24954516.00 0 0.00 4834099.00 521727.00
-
280532 216436222.00
20 Yes Bank Ltd 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
PRIVATE SECTOR BANKS TOTAL as on 3111212011 88115 293515632.23 1014425 1370496836.24 183067 494759304.19 138486 153671830.56 45869608.48 22683266.58
-
1424093 2335629945.12
NAME OF THE BANK CURRENT ACCOUNTS SAVlNGS ACCOUNTS FIXED DEPd$ITS OTHER DEPOSITS TOTAL UNCLAIMED DEPOSITS
NO.OF AMOUNT NO.OF AMOUNT NO.OF .;.MOUNT NO.OF AMOUNT INTEREST INCIDENTAL NO.OF AMOUNT
ACCOUNTS ACCOUNTS ACCOUNTS ACCOUNTS CHARGES ACCOUNTS
FOREIGN BANKS ..
1 Abu Dhabi Commercial Bank 31 1273316.00 0 0.00 4 43844.00 0 0.00 0.00 0.00 35 131716000
2 American EXDressBanking Corp. 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
3 Antwero Diamond Bank 0 0.00 0 0.00 0.00 0 0.00 0.00 0.00
-
0 0.00
4 AB Bank Limited 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
5 Bank lntemasionallndonesia 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00
._.
0 0.00
6 Bank of Bahrain & Kuwait 15 442586.00 345 2658408.00 0 0.00 0 0.00 60772.00 9531.00 380 3152215.00
7 Bank of Ceylon 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00
..
0 0.00
8 Bank of Tokvo-Milsubishi UFJ Ltd 39 1209636.00 127 5787976.00 15 , 213Z821 .00 151 905877.00 189947.00 224819.00 332 10001438.00
9 Barclavs Bank 5 209027.00 8 84603.00 0 0.00 0 0.00 0.00 0.00 13 293630.00
10 Bank of Nova Scotia 29 1418097.32 42 2004379.84 0.00 0 0.00 42031.46 0.00
-
71 3464508.62
11 BNP Pari bas 15 5507365.00 1 83.00 15 516283.00 0 0.00 2.0.0 0.00 31 6023713.00
12 Bank of America 626 12144013.00 36 6384393.20 363 10723562.59 0 0.00 200675.43 0.00
HH'_
1025 2945264422
13 Chinatrust Commercial Bank 4 140218.00 9 121682.00 0 0.00 0 0.00 0.00 0.00 13 282100.00
14 Credit Aaricole corecrate & Inv.Bank 5 30205.00 0 0.00 0 0.00 0 0.00 0.00 0.00 5 30205.00
15 Cltibank 1154 23297512.00 5555 67990302.00 0 0.00 0 0.00 0.00 0.00
..
6709 91287814.00
16 Deutsche Bank 64 3502342.00 5 123995.00 2 331055.00 0 0.00 4814.00 0.00
.
71 3962206.00
17 DBS Bank Ltd 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00
..
0 0.00
18 The Honakona & Shanohai Bankina Coro Ltd 106 13637596.00 385 18449316.00 1353 '41456326.00 0 O.CO 674248.00 57321.00
.
1844 74160185.00
19 J.p.Moraan Chase Bank 0 0.00 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
20 Kruna Thai Public Comoanv Ltd 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00
..
0 0.00
21 Mizuho Coroorat. Bank 0 0.00 0 0.00 0 ~ 0.00 0 0.00 0.00 0.00 0 000
22 Mashreobank 10 433484.00 3 179422.00 0 0.00 167 1081460.00 1097.00 0.00 180 1675443.00
23 Oman International 88 4964863.00 248 3541620.00 0 0.00 0 0.00 110885.00 0.00
..
336 8617348.00
24 Roval Bankof Scotland 325 36579519.00 893 16011133.00 2 12971.00 0 0.00 624130.00 292158.00
-
1220 54995603.00
25 Shinhan Bank 0 0.00 0 0.00 0 ;; 0.00 0 0.00 0.00 0.00 0 0.00
26 Societe Generale 0 0.00 3 39707.96 0 \ ' ~ 0.00 0 0.00 0.00 0.00
-
3 39707.96
27 State Bank of Mauritius Ltd 0 0.00 0 0.00 0 ~ ! 0.00 0 0.00 0.00 0.00
_'OM
0 0.00
28 Sonali Bank 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
29 Standard Chartered Bank 12336 186398068.00 19310 185997906.00 2595 29745543.00 118 2509399.00 1708642.00 1020326.00 34359 405339232.00
30 Commonwealth Bank of Austrella 0 0.00 0 0.00 0 0.00 0 0.00 0.00 0.00 0 0.00
31 First Rand Bank 0 0 0 0 0 0 0 0 0 0 0 0.00
-
32 JSC VTB Bank 0 0 0 0 0 0 0 0 0 0 _. 0 0.00
33 UBSA.G. 0 0 0 0 0 0 0 0 0 0 0 0
34 United Overseas Bank 0 0 0 0 0 0 0 0 0 0 0 0
35 Credit Suisse AG 0 0 0 0 0 0 0 0 0 0
..
0 0
36 SBERBANK 0 0 0 0 0
' ~ ' ;
0 0 0 0 0 0 0
37 Australia and New Zealand Banking Group Limited 0 0 0 0 a 0 a a 0 0 a 0
38 Rabobank International 0 0.00 0 0.00 a 0.00 0 0.00 0.00 0.00
-
0 0.00
39 Industrial and Commercial Bank of China Limited 0 a 0 0 0 a 0 0 0 0 0 0
FOREIGN BANKSTOTAL os on 3111212011 14852 291187807.32 26.70 311435107.00 434. 84.62411.59 436 4476136.00 3617223.89 16041$3.00
..
46607 694076132.80
,:.;
Annex I
DEPARTMENT OF BANKING OPERATIONS AI'ID DEVELOPMENT CENTRAL OFFICE RETURNS DIVISION
STATEMENT SHOWING THE UNCLAIMED DEPOSITS (MORE THAN 10 YEARS OLD I AS ON 31ST DECEMBER 2011
-
NAME OF THE BANK CURRENT ACCOUNTS SAVINGS ACCOUNTS , FIXED DEPOSITS OTHER DEPOSITS TOTAL UNCLAIMED DEPOSIT
NO.OF AMOUNT NO.OF AMOUNT NO.OF AMOUNT NO.OF AMOUNT INTEREST INCIDENTAL NO.OF AMOUNT
ACCOUNTS ACCOUNTS ACCOUNTS ACCOUNTS CHARGES CCOUNTS
Sr.N STATE BANK OF INDIA & ASSOCIATES
1 State Bank of India 75839 242139005.81 594105 951752089.9 33638 182087973.7 6497 14844960.Q.<I 18519827.0 4895409.0 710079 1404448447.5
2 State Bank of Bikaner & Jalour 4393 7661010.0 63233 78131918.0 11081 88283374.0 108 88688.0C 2072666.0 973439.0 78815 175264217.
3 State Bank of Hyderabad 14582 23007933.0 62191 86078505.0 Z0114 183990147.0 0 0.00 3810818 . 458374.0 96887 296429029.0
4 State Bank of Mysore 4844 17240281.OC 108725 241892310 19239 89290024.0 11962 23588754. 5198405.0
...
1038430.0 144770 376171344.0
5 State Bank of Patiala 0 584.00 527 3183272.0 ; 0 0.00 0 0.00 55388.00
...
58400 527 3238660.0
6 State Bank of Travancore 12740 17816217.0 36630 19116672.0 14389 45423091.0( 441 1195412.0 59804()'J 5273300 64200 83558463.0
SBI GROUP TOTAL 112398 307865030.81 865411 1380154766.9 96461 589074609.7 19008 39717814.0 29716908.0lf 7418969.00 1095278 2339110160.5
L
NAME OFTHEBANK CURRENT ACCOUNTS SAVINGS ACCOUNTS FIXED DEPOSITS OTHER DEPOSITS
.' ..
TOTAL UNCLAIMED DEPOSITS
NO.OF AMOUNT NO.OF AMOUNT NO.OF AMOUNT NO.OF AMOUNT INTEREST -1.:. INCIDENTAL NO.OF AMOUNT
ACCOUNTS ACCOUNTS ACCOUNTS ACCOUNTS CHARGES ACCOUNTS
Sr.No. Nationalised Banks t
1 Allahabad Bank 20461 107507624. 16702 3081074.0 29545 396605834.0 4932 56683020 0.00 53810.00 71640 512809024.0
2 Andhra Bank 2834 9805885.0 57615 98738193.0 '22661 114629064. 60767 239892829.0 38154290lf 7695311.0 143877 459186089.0
3 Bank of Baroda 3437 104343836.0 225297 1380610443.0

31317182.0 205 1659622.0 43551449.0 233499 1523522883.0
4 Bank of India 12148 20563634.0 105245 95339473.0
- "5932
69640659.0 5542 11266505.C 473210.0;; :. 429852.00 128867 196853629.0
5 Bank of Maharashtra 3832 13758445.0 242572 200435238.0 11216 53976206.0 3813 9839098.0 51505440 ' 2294471.0 261433 280865060.0
6 Canara Bank 54704 284951466.0 2630120 3135964370.0 27641 92728957 271684 492496115.0 OCC 0.00 298414 4006140908,0
7 Central Bank of India 12390 25776974. 242564 237732634. 6 944 279344661.0 0 0.00 1057818.OC 665980.0 315898 543246107.0
8 Corooration Bank 13897 4515760.0 374393 36067020.0 36940 11152434.0 9268 3725270.0 O.oti
-
0.00 434498 55460484.0
9 Dena Bank 3229 11092396. 67973 1636852290 10177 1687655670 0 0.00 1524878.0 143498770 81379 330718193.0
10 Indian Bank 6598 7976226. 184212 100586738. 11492 31854970.0 13899 11575745. 7045.00
.
1039848.0 216201 150960876.0
11 Indian Overseas Bank 71552 129555723. 563177 1080110853.0 67788 103633018.0 0 0.00 39020108OC; 19131240.0 702517 1333188462.C
12 Oriental Bank of Commerce 2762 76956766.0 78264 3283177800 25328 6121362520 0 0.00 8254032.00
-
44554608.0 106354 981110222.0
13 Pun'ab National Bank 4722 58669000. 925094 2208712000. 871 20840000.0 1771 635370000.0 37576000.0. 1000.00 932458 2961166000.0
14 Pun'ab & Sind Bank 3676 38460000. 51543 118271000.0 3169 78171000.0 27767 148963000. 1000000. 0.00 86155 384865000.0
15 Syndicate Bank 9573 24141839. 83677 104963941.0 45886 83238533.0 499029 518810822.0( 262900.
..
22181452.0 638165 709236583.0
18 Union Bank of India 12907 244077799. 672474 2104053902.0 _. 62688 641333309.0 0 0.00 75556528. ,
.,
3454531. 748069 3061567007.0
17 Uniled Bank of India 16522 19853301.0 182538 229660441.0 19039 18671365.0 0 0.00 15169751. 8813962. 218099 274540896.0
18 Uco Bank 11400 36154143.0 100721 151099019.0 15132 78265868. 4394 17875268.0 3646817. 2143940. 131647 284897175.0
19 Vljaya Bank 2467 7783746. 16994 25576612.0 75897 168757972.0 5309 4746479. 6981.0 1926800. 100667 204944990.0
Nationalised Banks 269111 1225944563.0 6821175 11803005960.0 536906 3055062851.0 908380 2101889055.0( 241665290.( . 172288131.0 8535572 18255279588.0
Other Public Seclor Bank 1
1 lOBI BankLtd 2818 37813634.0 60968 236206744. 4880 35082334.0 79628 8799586oo.0( 8143240( 0.00 148294 1189875636.0
.1.
Tolal 271929 1263758197.0 6882143 12039212704.0 541786 3090145185.0 988008 2981847655.0( 172288131.0 8683866 19445155224.0
PUBLIC SECTOR BANKS TOTAL 3B4327 1571623227.81 7747554 13419367470 93 840247 3679219794.77 1007016 2141686497.04 272196522.00
..
17970710000 9779144 21784265384.5
..


-------- ---------
--
~ ~ ~
RESERVE BANK OF INDIA
www.rbi.org.in
DBOD.No.Leg. st? /09.07.007/2012-13 July 10,2012
Shri Subhash Chandra Agrawal
1775 Kucha Lattushah
, ,
Dariba,ChandniChowk
Delhi 110006
-- _/'''y.'
Dear Sir
Funds in inoperative/suspense accounts of Banks
Please refer to your email dated June 17,2012 addressed to RBI on the captioned
subject.
2. We advise that detailed instructions have been given to banks vide our circulars
BC.34 dated August 22, 2008 (copy enclosed) and BC.81 dated February 7, 2012
(copy enclosed) on dealing with unclaimed deposits/inoperative accounts. Regarding
~
the issue of amounts to the credit of suspense account with banks, we advise that it
is under our examination.
Yours faithfully,
J)Jl'lJL-
olC--<D J Babu)
Assistant General Manager
Encl: As above
Department of Banking Operations and Development, Central Office, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg., Mumbai,400001
~ ITel No:2266 I602 ~ / F a x No:22705691 Email ID:cgmicdbodco@rbLorg.in

RESERVE BANK OF INDIA
www.rbi.org.in
HRMD.CO. RIA'70, /07.50.01/2011:J3>
jtJ'i S

By Speed Post
Shri Subhash Chandra Agrawal
1775, Kucha Lattushah, Dariba
Chandni Chowk
Delhi 110 006
Dear Sir
The Right to Information Act, 2005 - Query
Our Ref No: RIA 6318 and RIA 6319/2011-12
Thank you for your two applications dated June 18, 2012, seeking certain information, under
the Right to Information Act, 2005. In this connection, in response to your last query at serial
number 10 and 30 respectively of the requests, wherein you have sought file notings on
movement of your RTI application, we advise that your two application dated June 18, 2012
were received by us from our office at Delhi on June 21, 2012 and were registered with us
as RIA 6317and RIA 6318/2011-12 and were forwarded to our Department of Banking
Operations and Development (DBOD) as an endorsement to our acknowledgement letter to
you vide Ref.No. HRMD.CO.RIN 16766/07.50.01/2011-12 dated June 25,2012. You would
be furnished information, if available, by the concerned department, i.e. DBOD. A copy of the
office note recorded in this regard is enclosed.
2. For your information, the name of First Appellate Authority in Reserve Bank of India is Shri
V.S. Das, Executive Director, Reserve Bank of India, Human Resource Management
Department, Right to Information Division, Amar Building, 1
st
Floor, Sir P.M. Road, Fort,
Mumbai 400 001. Appeal, if any, in respect of the above reply should be preferred within 30
days to the First Appel'ats Authority
Yours faithfully
IS c.. 'I J ,__

entral Public Information Officer
Encl: as above
fclmaT, Cfilll)t>ill, WR tis.
.;)
o:r.22632400 tRnr 022-22632480 cpiorbi@rbi.org.in
Human Resource Management Department, Central Office, Amar Bldg,
PM Mar" Mumbai-400 001 Tel: 2264 2678 Fax: 022-22632480 E-mail: cpiorbi(a),rbi.org.in
Human Resource Management Department
RIA Division
The Right to Information Act, 2005
Name of the Shri Subhash RIA No. RIA 6318 and RIA
Requestor 6319 of 2011-12
Nivasi 1775, Kucha
Chandra Agrawal,
(combined note)
LattuShah, Dariba,
Chandni Chowk, Delhi
I 110006.
I Date of Receipt Due Date
Iand details of RIA
June 21, 2012, Two Deptt. to which the
Applications dated request is referred to
Fee: Reed by our 18/06/2012. No. of days taken:
Office at New Delhi.
Brief description of the Info. sought: Seeking information from us about "File Notings on
I movement of this RTI Application under reference.
Shri Subhash Chandra Agrawal, Nivasi 1775, Kucha LattuShah, Dariba, Chandni Chowk, Delhi
110 006, has sought information under RTI Act ,vide his two applications dated June 18, 2012,
which have been received by us on June 21,2012 from our New Delhi Office and registered with
us as RIA 6318 and RIA 6319 of 2011-12. In these two requests, applicant has in all sought
information to his (10 + 30) queries which have been referred to our DBOD. However, RIAD is
required to furnish information pertaining to his last queries at serial numbers 10th and so"
respectively, wherein he has sought the file notings on movement of his RTI Applications. Draft
letter is and placed below for approval please
:f . (
(D. pande)
ssistant Manager
June 27,2012
"
J" i
I /
I .. ,
!-?I" 'b

if
lil'(8!lI ~ teP
_______RESERVE BANK OF INDIA. _
www.rbi.org.in
RPCD.CO. RIA,) ,,3 /02.16.001/2012-13 July 9,2012
Shri Subhash Chandra Agrawal
1775, Kucha Lattushah
Dariba,ChandniChowk
Delhi 110006
Dear Sir,
Right to Information Act - 2005 - RIA No.6319
Thank you for your letter dated June 16, 2012 under Right to Information Act, 2005.
2. In this connection we advise that answers to questions 1-23 & 30 will be provided
by Chief General Manager, Department of Banking Operations & Development,
Reserve Bank of India, Central Office, Shahid Bhagat Singh Road, Fort, Mumbai
400001.
3. We furnish answers to questions 24-29 as under:
Question Query Our response
No.
24 Is it true that it has been decided that We have no information
every family will compulsorily having at Incidentally, instructions have been
least one bank account. issued to banks vide circular RPCD.CO.
LBS.BC.No. 86/ 02.01.0011 2011-12
dated June 19, 2012 advising banks to
prepare a road map for provision of
banking services in villages with
population below 2000 (2001 census)
with the objective to provide a bank
account to every household/person
throughout the country. The copy of the
circular is available on RBI website
under URL: http:// www.rbi.org.in/
scripts/NotificationUser.aspx.
25 If yes, please provide complete and The query is related to Q. No. 24.
2
,---------,----c--------:-----------.. -.------,---------------------,
detailed information together with We have no information
related correspondence/ file/ notings/
documents, etc. on reaching to the
decision mentioning also any probable
date to achieve the desired goal
mentioning also how the purpose can
be achieved when a family and not an
individual may be required to be having
at least one bank account when normal
banking transactions require fund
transfer by/to an individual and not to
family as a whole.
26 Estimated number of individuals having We have no information
at least one bank account mentioning
also number of people entitled to have
a bank account revealing minimum age
to open a bank account by self to be
operated.

27 Is there any move that every person ' Please refer to our reply in response to
. Question No. 24
I
entitled to operate bank account may
compulsorily have a bank account.
If yes, please provide details 28
29 related or
.. . --L ----"
3. If you desire to prefer an appeal against this reply, the same may be preferred
within 30 days of receipt of this letter to Shri V.S. Das, Executive Director, Reserve
Bank of India, Central Office, Shahid Bhagat Singh Road, Fort, Mumbai-400 001.
Yours faithfully,

(Smt. Lily Vadera)
Central Public Information Officer
It IUft;q 'hi"
RESERVE BANK OF INDIA
www.rbi.org.in
7'b 107.50.0112011-12 25 2012
Shri Subhash Chandra Agrawal
1775 Kucha Laltushah
Dariba, Chandni Chowk
Delhi - 110006
Sir 1 Madam
l[ililT 'liT 2005 - The Right to Information Act. 2005_ - Ql!ery
: 3fR3fT'8v - Our Ref No: RIA 6318/6319/2011-12
(!:J1 18/06/2012 q"iIf tct t I
We acknowledge the receipt of your letters dated
2. 18/06/2012.
fcrnrm q;T mrr
Your queries have been forwarded to the under
fawT
*t'
lrnllT

All DBaD /RIA Div. 63181
RBI, Mumbal 6319
mentioned Departments for furnishing information if
any.
Quer
Depanmenl
Ref. No
Department with details of address
y No
DBaD 1 RIA Dlv. 63181 All
6319 RBI, Mumbal
3. 7
q;W q;'ft:lT, ma- mfa'
3 Any additional fee towards cost
q:;r (MT7TR 3ffi'
of photocopying etc., if any, payable under
2005 4 a<r
Rule 4 of the Right to Information (Regulation of
1;I'CIiR .mqq:;t *<!t
..:> "
Cost and Fee) Rules, 2005, for providing

information under section 7 of the Act ibid. will
be communicated to you later.
mtm !Yours faithfully


Ip. Central Public Information Officer
q:;r Division
Human Resource Management Department. RIA Division, Central Office, Reserve Bank oflndla. Amar Building. P.M.Road, Fort, Mumbai 400 OOl,TeI.022-2264 2678, Fax 022
2263 24iW l:-!llatl cpiorbi@rbi.org.in
""'"" """'" II"iU j,ru'r$.v carat. _ fr.r4 .... """ ']'--.$ 400 001
Te1.0222264 2678, Fax tr, .'-22632480 Ecmarl : cptorbfrarbr.orgm
UNDER RIGHT TO INFORMAnON ACT
Central Public Information Officer
Reserve bank of India
Sansad Marg, New Delhi-IIOOOI
Sir
I will be obliged if your honour kindly provides me complete and detailed information
together with related documents/correspondence/file-notings etc on under-mentioned
aspects also in respect of my enclosed submissions e-mailed to RBI and also registered at
President's website 'Make IS-digit account-holders compulsory in cheque books'
(PRSEC/E/20I2/08304) dated 13.06.2012 and "Funds in inoperative/suspense accounts
of Banks' (PRSEC/E/20I2/0853 1) dated 17.06.2012:
1. Period after which bank-accounts become inoperative for non-operation
2. Total number of such inoperative bank-accounts and total amount III such
inoperative accounts for each of the Bank as per data last available/compiled
3. Is there any system whereby money parked in such inoperative bank-accounts
transferred to some government-fund or to RBI after some specified period like a
system exists for compulsory transfer of unclaimed dividends of companies to a
government-fund?
4. If yes, please provide details
5. If not to (3), complete and detailed information on steps taken to transfer money
in such inoperative bank-accounts transferred to some government-fund or to RBI
after some specified period
6. Complete and detailed information on steps taken by Banks to inform account
holders and/or their legal heirs about inoperative accounts
7. Complete and detailed information on funds parked in different banks separately
for each bank in accounts like 'suspense' or in some other name/form etc where
such amounts are held by Banks for more than three years mentioning total such
amounts and number of account-holders/depositors etc affected by such suspense
amounts till date the data is last available/compiled
8. Is there any system whereby money parked in such suspense-accounts etc
transferred to some government-fund or to RBI after some specified period like a
system exists for compulsory transfer of unclaimed dividends of companies to a
government-fund?
9. If yes, please provide details
10. If no to (8), complete and detailed information on steps taken to transfer money in
such 'suspense' accounts etc transferred to some government-fund or to RBI after
some specified period
11. Complete and detailed information on steps taken by Banks to inform account
holders and/or their legal heirs about their money held in accounts like suspense
accounts or such similar accounts in some other name or form etc
12. Complete and detailed information on funds not claimed by depositors after three
years of maturity-dates separately for each mentioning total such amounts and
number of depositors till date the data is last available/compiled
13. Is there any system whereby money parked in such deposit-accounts etc
transferred to some government-fund or to RBI after some specified period of
maturity date like a system exists for compulsory transfer of unclaimed dividends
of companies to a government-fund?
14. If yes, please provide details
15. If no to (13), complete and detailed information on steps taken to transfer
unclaimed deposits after maturity dates transferred to some government-fund or to
RBI after some specified period
16. Complete and detailed information on steps taken by Banks to inform depositors
and/or their legal heirs about their deposits unclaimed after maturity dates
17. Is it true that 15-digit permanent bank account numbers are compulsory to be
provided to each bank-account holder?
18. Last date by which banks have to compulsorily provide such 15-digit account
numbers
19. Is it true that several banks (like Corporation Bank for Corp-classic accounts)
have failed to provide IS-digit account numbers to each of their account-holder?
20. Complete and detailed information on steps taken to make banks compulsorily
provide IS-digit account-numbers to all account-holders mentioning also steps
taken to inform account-holders of change of account-numbers and to issue new
cheque-books with 15-digit new account numbers printed on cheque books
21. Is it true that some system is being formulated for change of bank while retaining
same account-number?
22. If yes, please provide details
23. Complete and detailed information together with related file
notings/correspondence/documents etc' on action taken on my enclosed
submissions e-mailed to RBI and also registered at President's website 'Make 1S
digit account-holders compulsory in cheque books' (PRSEC/E12012/08304) dated
13.06.2012 and "Funds III inoperative/suspense accounts of Banks'
(PRSEC/E/2012/08531) dated 17.06.2012 either by RBI or the concerned ones
where my said submissions might have been forwarded
24. Is it true that it has been decided that every family will compulsorily having at
least one bank-account?
25. If yes, please provide complete and detailed information together with related
correspondence/file-notings/documents -etc on reaching to the decision
mentioning also any probable date to achieve the desired goal mentioning also
how the purpose can be achieved when a family and not an individual may
required to be having at least one bank-account when normal banking-transactions
require fund-transfer by/to an individual and not to a family as a whole
26. Estimated number of individuals having at least one bank-account mentioning
also number of people entitled to have a bank-account revealing minimum age to
open a bank-account by self to be operated
27. Is there any move that every person entitled to operate bank-account may
compulsorily have a bank-account?
28. If yes, please provide details
29. Any other related or follow-up information
30. File-notings on movement of my RTI petition as well
In case queries relate to some other public-authority, please transfer this petition to CPIO
there under section 6(3) of RTI Act. Postal-order 03F 474507 for rupees ten is enclosed
towards RTI fees in name of "Accounts Officer" as per DoPT circular number
F.10/9/2008-IR dated 05.12.2008.
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SUBHASH CHANDRA AGRAWAL
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(Guinness Record Holder & RTf Activist)
1775 Kucha Lattushah
Dariba, Chandni Chowk
DELHI 110006 (India)
Mobile9810033711 Fax 23254036
E-mail subhashmadhu@sify.com
Web www.subhashmadhu.com
18.06.2012
Funds in inoperative/suspense accounts of Banks t
There is a system whereby companies have to compulsorily transfer unclaimed dividends I
to a special government-fund so that private bodies may not take advantage of public
I ,
money not claimed by share-holders.
f
Same system of compulsory transfer of money in, bank-accounts like 'inoperative',
'suspense' or in any other name or form should be there whereby such money may be
I
compulsorily transferred to specially maintained accounts for customers of different banks
at Reserve bank of India (RBI) after some specified period in a manner that claimantls may
,t
not face difficulty in claiming such money later. Banks must compulsorily inform account
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holders well in advance before transferring such money to RBI.
,
,
In present era of multinational banks dominating Indian banking, such a step is much
needed to avoid banks taking undue advantage of unclaimed deposits and money parked in
, (
accounts named like 'Inoperative' or 'Suspense' etc.
,
~ ; _ ~ ~ I ~ f
,
SUBHASH CHANDRA AGRAWAL
(Cuinness Record Holder & RTf Activist)
1775 Kucha Lattushah
, f
Dariba, Chandni Chowk
t
DELHI 110006 (India)
,
I
Mobile9810033711 Fax 23254036
E-mail subhashmadhu@sify.cmn
Web www.subhashmadhu.com ,
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,
17.06.2012
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PRSEC/E/2012/08531
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Make IS-digit account-numbers compulsory on cheque books
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Reserve Bank of India (RBI) has made it mandatory for all banks to provide I5-digit

account-numbers to all account-holders of different types. System has become still more
t
important because fast switching over to electronic transfers through services like RTGS
and NEFT etc. But many banks have failed to provide new I5-digit account-numbers in
their system especially in respect of savings accounts, what to talk about for printing at
cheque-books resulting in wrong credit-debit and bouncing ofRTGS and NEFT.
Public-sector Corporation Bank is amongst such banks despite the system having been
A
introduced long back. RBI should direct all banks to compulsory switch on to I5-digit
, .
account-numbers immediately at the most in a month's time. Old cheque-books (including
for savings accounts) should be replaced free-of-cost with new cheque-books with printed
,
I5-digit code.
t
Banks usually in their system generate personal ID apart from account-number for each
, i
individual operating a single or joint account. This personal individual ID should also be
t
printed on pass-books to make operations simple for banks. Presently bank-staffers have to
i
unnecessarily spend extra time to first trace ID for aspects like issuing TDS
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certificates.
Banks require separate forms for availing services like Net-banking or Mobile-Alert etc.
1 ..
,
Option to avail such service should be available in account-opening form itself. FOTInS to
avail such services should be sent by Speed Post to all old account-holders also for their
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knowledge about such services having been made available.
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SUBHASH CHANDRA AGRAWAL
(Guinness Record Holder & RTf Activist)
1775 Kucha Lattushah
Dariba, Chandni Chowk
DELHI 110006 (India)
Mobile9810033711 Fax 23254036
, I
E-mail subhashmadhu@sify.com
t
Web www.subhashmadhu.com .
,
13.06.2012
t
PRSEC/E/2012/08304
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