What could a Trump presidency mean for Indian and global financial markets? 🤔
Check the views of @VivekBanka7 in this thread 🧵
#DonaldTrump
One big risk that could get ebbed from the equation is global geopolitical risk!
Trump's victory could impact NATO's involvement in Ukraine 👇
If Trump follows the earlier policies, the possibility of NATO forces getting out of Ukraine and also possible solutions to the Middle East conflict might lead to a big pressure off the global shoulders.
India's PSU banks transferred over Rs 35,000 crores worth of unclaimed deposits to the RBI 🤯
Did your grandparents leave you deposits which you might be unaware of or
You have unclaimed deposits but don't know how to claim them? 🤔
Check out this thread 🧵
According to RBI, balances in savings or current accounts which are not operated for 10 years, or term deposits not claimed within 10 years from the date of maturity are classified as unclaimed deposits.
Where are these deposits transferred?
These amounts are transferred by banks to the Depositor Education and Awareness (DEA) Fund maintained by the Reserve Bank of India.