Examples of Bulk Deposit in a sentence
As per RBI Master Direction on Interest Rates on Deposits, "Bulk Deposit" is defined as “Single Rupee term deposit of 2 Crore and above” w.e.f 12.03.2019 The rate of interest for Bulk Deposits is decided by the Asset Liability Committee of the Bank, who has been delegated with such powers by the Board of the Bank.
In order to access this function, the user has to right click on the a specified guarantee and select Bulk Deposit Modify.
Bulk Deposits, a deposit containing a high volume of checks, may be processed as a Bulk Deposit meaning funds are deposited immediately based on the total provided and are verified by the close of that business day.
It was factories and other facilities, the EIE as a supervisory body of the NECC and ESCO companies that were perceived as key stakeholders in this project.- The NECC is mandated to develop policies and to implement them.
Bulk Deposit amounts are not verified by the Credit Union at the time of deposit.