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    Question

    Which of the following best describes the bulk deposit

    limit for UCBs that are not categorized as Tier 3 or Tier 4 under the RBI’s revised guidelines?
    A ₹1 crore and above Correct Answer Incorrect Answer
    B ₹50 lakh and above Correct Answer Incorrect Answer
    C ₹15 lakh and above Correct Answer Incorrect Answer
    D ₹25 lakh and above Correct Answer Incorrect Answer
    E ₹5 crore and above Correct Answer Incorrect Answer

    Solution

    The circular "Review of Instructions on Bulk Deposits" specifies that for UCBs other than those in Tier 3 and 4, the bulk deposit limit remains ₹15 lakh and above.

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