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Bulk deposit limit for Urban Co-op banks in T3, T4 enhanced to ₹ 1 crore and above

Bulk deposit limit for Urban Co-op banks in T3, T4 enhanced to ₹ 1 crore and above
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RBI revises bulk FD limit for these banks to Rs 1 crore

The Reserve Bank of India (RBI) decided to raise the criteria for 'bulk deposits' for regional rural banks (RRBs) to Rs 1 crore from the current Rs 15 lakhs in order to raise more funds.

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