Cash Ban Update : All Limits Ended on Withdrawals : RBI

Cash Ban Update : All Limits Ended on Withdrawals : RBI

The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and HB Overdraft Accounts with immediate effect.

Reserve Bank of India notification said limits on ATM withdrawals will also go from Wednesday i.e from 1 Feb 2017 . But the curbs on Savings Bank accounts across the counter will remain.
The. limits were placed following the November 8 demonetization of Rs 1,000 and Rs 500 notes.

 

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