Thursday, September 4, 2014

RBI's Khan to head panel on unclaimed funds of PPF

Finance Minister Arun Jaitley has set up a committee under Reserve Bank Deputy Governor H R Khan to take stock of unclaimed deposits in the Public Provident Fund (PPF) and post office saving schemes and suggest how these funds can be utilised for the benefit of senior citizens. The committee will also suggest whether the unclaimed deposits should come to the government or be kept in a separate account. The committee members include........

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