The Supreme Court on Monday issued notices to the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), the Union Government and other authorities on a plea seeking the creation of a centralised portal to help individuals access information about their financial assets held across various entities, including dormant and inoperative accounts.
A Bench of Justices Vikram Nath and Sandeep Mehta agreed to hear the plea filed by Aakash Goel and sought responses from the concerned authorities within four weeks.
During the hearing, the petitioner’s counsel highlighted the scale of the issue, stating that approximately ₹3.5 lakh crore remains unreturned to rightful investors or depositors . He argued that there is currently no single mechanism to help citizens or their