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Bulk Deposit criteria changed (in Hindi)
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In this lesson Sakshi explains the notification regarding bulk deposit

Sakshi Pahwa is teaching live on Unacademy Plus

Sakshi Pahwa
Qualified IBPS PO, Category Expert at Unacademy, 4 years of Experience in developing content for Competitive Exams, an MBA in Marketing and

U
Unacademy user
welcome Pradeep
  1. BANK RBI NOTIFICATIONS: IMPORTANT TERMS AND ANALYSIS PRESENTED BY SAKSHI PAHWA


  2. OTHER COURSES BY ME Monthly Current Affairs Monthly Banking And Financial Awareness Monthly RBI Notification Mock Questions For Various Bank Exams Such As SBI, IBPS, RBI GRADE B Etc MBA in Marketing and Finance Qualified IBPS PO Follow me on https://unacademy.com/user/ sakshi.pahwa248 Doubt or Feedback in the Comments Section Rate, review, recommend the lesson Practice Questions with Strategies on important topics like Parajumbles, RC, Sentence Connectors, Cloze Test etc.


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  4. Review of Instructions on Bulk Deposit (Amended) In terms of extant instructions, banks have been given discretion to offer differential rate of interest on the bulk deposits as per their requirements and Asset-Liability e In this connection, it has been decided to revise the definition of 'bulk deposits' and e Accordingly, instructions contained in Master Directions on Interest Rate on The existing paragraph No. 3(a)(i) (i) on bulk deposit of the aforesaid Master Direction (i) Single Rupee term deposits of Rupees two crore and above for Scheduled In the existing paragraph No. 4(c), the following shall be added: Management (ALM) projections. provide operational freedom to banks in raising these deposits. Deposits stand amended as under: stands replaced as under: commercial Banks (excluding Regional Rural banks) and Small Finance Banks. e The banks shall maintain the bulk deposit interest rate card in their Core banking system to facilitate supervisory review.


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