Q. UDGAM portal was developed by which institution?
Answer: Reserve Bank of India
Notes: The Reserve Bank of India informed the Supreme Court that 30 banks have been integrated into the UDGAM portal to help legal heirs trace funds of deceased account holders. UDGAM stands for “Unclaimed Deposits-Gateway to Access inforMation” and is an online portal developed by the Reserve Bank of India. The portal was developed in collaboration with Reserve Bank Information Technology Private Limited (ReBIT), Indian Financial Technology and Allied Services (IFTAS), and selected banks. UDGAM enables registered users to search unclaimed deposits and accounts across multiple banks through a single centralized platform.
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