Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 294)
294.
To what amount did the RBI increase the bulk deposit limit for Regional Rural Banks (RRBs) in 2023?
Answer: Option
Explanation:
The Reserve Bank of India (RBI) recently undertook a comprehensive review of bulk deposit limits for financial institutions, with a particular focus on Regional Rural Banks (RRBs). As a result of this review, the bulk deposit limit for RRBs has been significantly increased from Rs 15 lakh to Rs 1 crore. This adjustment marks a substantial change in the operational framework of RRBs and is intended to foster a more equitable and inclusive banking landscape.
Discussion:
Be the first person to comment on this question !
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers