New Delhi, Dec 10: Prime Minister Narendra Modi on Wednesday said the ‘Your Money, Your Right’ initiative aims to ensure that every citizen can reclaim what is rightfully his or hers, as thousands of crores lie unclaimed in the Indian banks, insurance and mutual fund companies.

In a post shared on the social media platform LinkedIn, PM Modi said that “here is a chance to convert a forgotten financial asset into a new opportunity”, adding that “together, let us build a transparent, financially empowered and inclusive India!”

During his speech at the recently held Hindustan Times Leadership Summit here, the Prime Minister shared some startling facts.

“Indian banks are holding Rs 78,000 crore of unclaimed money belonging to our own citizens. Insurance companies have nearly Rs 14,000 crore

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