Cash withdrawal restrictions likely to go away by February-end


With the cash crunch situation easing, the Reserve Bank of India may do away with the weekly withdrawal limits from banks as well as ATMs by the end of next month, bankers said.RBI had recently raised the ATM withdrawal limit to Rs 10,000 a day but maintained the weekly cap at Rs 24,000 for savings account and Rs 1 lakh for current account holders.
Read more at Hindu Business Line

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