Question

    What is the minimum bulk deposit threshold for Regional

    Rural Banks (RRBs) as per the recent RBI guidelines?
    A ₹50 Lakhs Correct Answer Incorrect Answer
    B ₹1 Crore Correct Answer Incorrect Answer
    C ₹2 Crores Correct Answer Incorrect Answer
    D ₹5 Crores Correct Answer Incorrect Answer
    E ₹10 Crores Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI), on October 26, 2023, announced that the bulk deposit limit for Regional Rural Banks (RRBs) has been increased from Rs 15 lakh to Rs 1 crore.

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