General Knowledge · Banking Awareness
As per the RBI guidelines revised in June 2024, what is the minimum threshold limit for a single Rupee Term Deposit to be classified as a 'Bulk Deposit' for Scheduled Commercial Banks (excluding RRBs)?
- 1Rs. 5 crore and above
- 2Rs. 3 crore and above✓
- 3Rs. 2 crore and above
- 4Rs. 1 crore and above
Correct answer
Rs. 3 crore and above
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