Question

    What is the increased bulk deposit limit for Regional Rural Banks (RRBs)?

    A Rs 75 lakh Correct Answer Incorrect Answer
    B Rs 50 lakh Correct Answer Incorrect Answer
    C Rs 1 crore Correct Answer Incorrect Answer
    D Rs 10 lakh Correct Answer Incorrect Answer
    E Rs 25 lakh Correct Answer Incorrect Answer

    Solution

    The definition of "Bulk Deposit" varies among banks. The bulk deposit limit for scheduled commercial and small finance banks is Rs 2 crore and above. For RRBs, the limit has been increased from Rs 15 lakh to Rs 1 crore.

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