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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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