Rs 3,400 crore unclaimed in Karnataka bank accounts: RBI official
Mangaluru: Around Rs 3,400 crore has remained unclaimed in bank accounts across Karnataka for more than a decade, officials said during the District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting held here on Wednesday.
Arun Kumar, Assistant General Manager of the Reserve Bank of India (RBI), Bengaluru Regional Office, said the central bank has launched a state wide campaign under the Depositor Education and Awareness Fund (DEAF) to help people recover unclaimed deposits. The special drive, which began three months ago, will continue till December 31, though depositors can approach banks even after the deadline, The New Indian Express reported.
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He reportedly said nearly 80 per cent of unclaimed accounts have balances of less than Rs 10,000. Many of them are decades old, lack updated mobile numbers or KYC details, and in several cases, the original account holders are no longer alive. Updating mobile numbers and customer details has been taken up as the first step in the campaign.
The unclaimed money includes deposits in savings, fixed deposit and current accounts. Customers can also check for unclaimed deposits through the UDGAM online portal.
Dakshina Kannada Lead Bank District Chief Manager Kavitha Shetty said around Rs 140 crore remains unclaimed in nearly six lakh bank accounts in the district alone. So far, Rs 20 crore has been returned to depositors of 830 accounts under the DEAF scheme.
Dakshina Kannada MP Capt. Brijesh Chowta called for stronger awareness efforts and urged banks to proactively inform customers through pamphlets and direct outreach. He also raised concerns over delays in implementing welfare schemes and stressed the need for better execution of programmes such as PMJDY, PMJJBY, PMSBY and APY.
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Real Madrid fines Valverde and Tchouaméni half a million euros each for altercation
Barcelona (AP): Real Madrid slapped players Federico Valverde and Aurélien Tchouaméni with half-a-million-euro ($588,000) fines on Friday for their altercation during practice.
The massive fines came a day after the midfielders tussled when the team trained. Valverde said in a post on social media on Thursday that no punches were thrown. But Valverde knocked his head on a table and he suffered a small cut that required a brief hospital visit.
On social media, Valverde initially called it a “meaningless fight” with a teammate and said “everything has been blown out of proportion."
His employers, however, considered it a significant enough breach of team discipline to nail both Valverde and Tchouaméni with fines that bite even the bank account of a top soccer player. The half-a-million euro penalties reflect the reputational damage the club was enduring in a chaotic end to a disappointing season.
In a statement, the 15-time European champion said its disciplinary action was concluded after both players expressed to the club “their complete remorse for what happened and apologized to one another.”
Madrid added they also apologized to their teammates, the coaching staff and club supporters, as well as showing their willingness to accept whatever disciplinary action the club deemed “opportune.”
Tchouaméni was back training with Madrid on Friday, two days before they play at Barcelona in a clasico. Madrid has to win otherwise Barcelona will be crowned La Liga champion.
After being notified of the fine, he posted a public apology to the club and its fans on social media.
“What happened this week in training is unacceptable,” Tchouaméni wrote. "I say this while thinking about the example we are expected to set for young people, whether in football or at school.
“Above all, I am sorry for the image we projected of the club.”
Valverde was not at practice due to the head knock.
Both players are set to play in the World Cup next month, with Tchouaméni playing for France and Valverde for Uruguay.
Chaotic end to a poor season
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The run-in between the players, who for seasons have played side by side in Madrid's midfield, came after they argued this week in previous training sessions. But tempers boiled over on Thursday. Spanish media was rife with reports that the players previously disagreed over the club's decision to let coach Xabi Alonso go after just months on the job.
It was not the only altercation involving Madrid players during training this week. Álvaro Carreras confirmed he was in a “minor” incident with a teammate. Spanish media said he and fellow defender Antonio Rüdiger got into a scuffle.
Álvaro Arbeloa, the coach who was promoted from Madrid's reserve team when Alonso was fired in January, will face tough questions on what went wrong inside the changing room when he gives a press conference on Saturday ahead of the clasico at Camp Nou.
Madrid is facing a second consecutive campaign without a major trophy amid rumors in the Spanish media that club president Florentino Pérez is considering bringing back Jose Mourinho to straighten out his underperforming team.
