Unclaimed Deposits Rise, Oil Import Concerns Emerge in India

In India, a lot of money in banks is unclaimed, increasing to a huge amount over the years.

This suggests some people might not know about their money or how to claim it.

Some people don't tell their families about their bank accounts.

Also, there's worry about the US possibly making it harder for countries like India to buy oil from Russia by making the oil more expensive, which could cause economic problems.

The rise in unclaimed deposits may stem from a lack of public awareness, while a ban on Russian oil could result in strained energy security for some.