Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 184)
184.
What is the new bulk deposit limit set by the Reserve Bank of India (RBI) for large urban cooperative banks (UCBs)?
₹50 lakhs and above
₹75 lakhs and above
₹25 lakhs and above
₹1 crore and above
Answer: Option
Explanation:
The RBI has raised the bulk deposit limit for large urban co-operative banks (UCBs) significantly, from ₹15 lakhs to ₹1 crore and above, applicable to Tier 3 and Tier 4 UCBs.
Discussion:
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