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  1. SEBI, RBI, and PFRDA co-regulate financial products offered by OBPPs.

Regulators Coordinate Campaign to Help Citizens Claim Unclaimed Funds in India

1 report, 1 independent Updated Sep 23
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What happened

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The Ministry of Finance, Securities and Exchange Board of India, and Reserve Bank of India coordinated a nationwide awareness campaign. This effort runs alongside the Employees Provident Fund Organisation's Nidhi Aapke Nikat 2.0 camps. The campaign, part of the 'Your Money — Your Right' initiative, encourages citizens to reconnect with and claim forgotten financial assets, including inoperative EPF accounts and unclaimed insurance amounts.

From livemint.com

Why it matters

Some supportBrind's analysis of the reports

The campaign involves major financial regulators and the Government of India. It is part of a larger regulatory framework where SEBI, RBI, and Pension Fund Regulatory and Development Authority co-regulate financial products. The initiative aims to ensure citizens can access their financial assets.

SEBI, RBI, and Pension Fund Regulatory and Development Authority co-regulate financial products offered by OBPPs.

From livemint.com

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