...........As on December 31, 2011, a total amount exceeding Rs.2, 481 crore was lying as unclaimed deposits in 1.1 million accounts of various banks in the country, according to the RBI. On a modest estimate, at least Rs.100 crore could be remaining idle in banks operating in Kerala. RBI officials said the apex bank had not extended the deadline, but a circular was issued as a follow-up to all banks to review the position by September 30, 2012. Most banks have complied with the norms, an official said...........
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