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RBI platform for unclaimed deposits exposed sensitive user data

RBI platform for unclaimed deposits exposed sensitive user data

RBI platform for unclaimed deposits exposed sensitive user data


Notably, unclaimed deposits tracked through Udgam totalled about 72,454 crore, minister of state for finance Pankaj Chaudhary told Parliament in February. Separately, court submissions in response to a PIL on unclaimed bank deposits showed that the platform had more than 2 million registered users as of 1 April, referring to users who had signed up to search the database, and not dormant account holders.

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