In India in most of the Banks there are many accounts whose account holder are missing or either they have died and their money is there in their account.But this is the responsibility of Bank to find out any relatives of missing or died bank account holder to return the money to them.But none of the bank is doing their responsiblity and all this money are still there in their bank account and no one is there to claim that money.More than Rs 1200 Crores are there in total whose account holder are either died or missing.It was come to know that there are total 1,74,38,100 account holders missing or died and there is money is left in their account as bank is not finding their any relative to give them money.One employee of Reserve Bank of India says that Some of the relatives of bank account holder do not know about their bank accounts and some of the account holders date have expired to withdraw money and because of al this they are not operating their account as the amount taken by bank as rent for not withdrawing money from account becomes more than the actual amount in bank account.
They Are Not Fulflling Responsibility
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