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RBI seeks public feedback on draft Amendments to guidelines for Inoperative Accounts and Unclaimed Deposits

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Dion Global

23 May 2025

The Reserve Bank of India (RBI) has issued a draft circular titled ‘Inoperative Accounts/Unclaimed Deposits in Banks – Revised Instructions (Amendment) 2025’ and is inviting public comments on the proposed changes.

This draft circular amends the guidelines outlined in paragraph 6.1 of the original circular ‘Inoperative Accounts/ Unclaimed Deposits in Banks – Revised Instructions’, dated January 1, 2024.

Stakeholders and members of the public are encouraged to submit their feedback by June 6, 2025. Comments can be shared via the ‘Connect 2 Regulate’ section on the RBI’s official website or sent to:

The Chief General Manager

Business Conduct Group

Department of Regulation, Central Office

Reserve Bank of India

12th/13th Floor, Shahid Bhagat Singh Marg

Fort, Mumbai – 400 001

Alternatively, feedback may be emailed.