New Delhi, March 24 The unclaimed amount transferred by public sector banks to the Depositor Education and Awareness (DEA) Fund of the Reserve Bank of India stood at ₹60,518 crore as of January 2026, the Rajya Sabha was informed on Tuesday.
Additionally, the unclaimed insurance amount outstanding with insurers was ₹8,973.89 crore as of February-end, and the value of unclaimed amounts in mutual funds under SEBI regulations was ₹3,749.34 crore, Minister of State for Finance Pankaj Chaudhary said in a written reply to the House.
To ensure timely identification of rightful claimants, reduce both the existing stock of unclaimed financial assets as well as the fresh accretion to it, and to simplify and expedite the claim process for citizens, various measures have been undertaken by the financial sector regulators, he said.
In response to another question, the minister said the government has reviewed investor interest in Sovereign Green Bonds (SGrBs).
The average bid-cover ratio, an indicator of interest to purchase bonds in auction, for SGrBs has remained above 2 since its inception in FY 2022-23. The bid-cover ratio for FY 2025-26 stands at 2.32.
"Investors in SGrBs offered a greenium (premium over conventional bonds of the same maturity) of 7 basis points in the latest auction held on November 28, 2025, indicating that the bonds remain an attractive option for investors," Chaudhary said.
He also informed the House that there is no proposal to introduce tax incentives for Sovereign Green Bond investors to strengthen climate finance mobilization.