The Reserve Bank of India (RBI) on June 1 launched a ‘100 Days 100 Pays’ campaign to trace and settle the top 100 unclaimed deposits of every bank in every district within 100 days.

• As of February end, the total amount of so-called unclaimed deposits, which are accounts that have not been operated for 10 years or more, transferred to the RBI by state-run banks was Rs 35,012 crore, the central bank said earlier. 
• The banking regulator’s ‘100 Days 100 Pays’ campaign will complement its efforts to cut the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/claimants.