Finance Comic on June 10: Will you get more interest now? 

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[{"selector":"#anim-29a06674-783f-4577-b00f-fa5ced56ebda","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-55a4cbc9-9be4-4c49-a504-1364f2133f17","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

[{"selector":"#anim-d529aa33-ff78-40f9-b4e5-eaccff144853 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e2b096ef-ceb1-4612-8cfb-ab6588b133f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-31364c6e-3ba8-47ec-95b3-c4ee660d5116","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09cad321-3196-499d-b741-f7ee064c8723","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-511db314-7faa-4c2c-885f-32188a5b1f94","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Reserve Bank of India (RBI) has revised the definition of bulk deposits, raising the threshold from Rs 2 crore to Rs 3 crore for Scheduled Commercial Banks (SCBs) and Small Finance Banks (SFBs).

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[{"selector":"#anim-23e06515-b55d-4b19-997a-feed799d13ab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6f578c2d-635e-453c-a2bc-3b5bcf99729b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0c8f558-798b-470a-9339-fbd1d592e0c4","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9193e022-ecf1-41ad-8d07-bdacc53312a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9efbbb72-7d3c-4f30-a6da-8a996483af03","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] This change, announced during the RBI's Monetary Policy Committee (MPC) meeting, aims to manage banks' Asset-Liability Management (ALM) projections more effectively.

[{"selector":"#anim-0bc0ea96-6818-4c70-afe3-c87c0721ec4e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d819640a-5956-4311-aba7-ff8f736318b9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27312ead-05ef-4a18-a9c2-ae1fed25b816","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1997671-4024-40c5-92cf-dca67ef0ba87","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b31532f9-5d37-41fb-8c8c-47928b7e5696","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] For local area banks, the bulk deposit limit is set at Rs 1 crore, which aligns with the limits for regional rural banks (RRBs). Learn more

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