Forgotten fortune: Why Indians can’t access Rs 2 lakh crore of their own money
Last Update Date: 05-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar said fragmentation is the core problem, as separate regulators mean there is no single registry of holdings, and that the trail usually breaks at life events such as an address change or a death, when KYC records are outdated.
More of Abhishek's views on money management
The article reports a study estimating about ₹2.2 lakh crore in unclaimed assets in India across bank deposits, shares, insurance, EPF and mutual funds. It explains where such money goes, such as RBI's DEA Fund and the IEPF, why owners lose value over time, and why tracking holdings is hard.
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Forgotten fortune: Why Indians can’t access Rs 2 lakh crore of their own money