Cash Withdrawal Limits
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RBI Raises Weekly Cash Withdrawal Limit To Rs 50,000 From Feb 20, Limits End Mid-March
Starting February 20, you can withdraw upto Rs 50,000 per week from your savings account, the Reserve Bank of India said today, adding that from March 13, there will be no limits on cash withdrawals.
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RBI Lifts Limits On Withdrawals From ATMs, Current Accounts
The Reserve Bank of India today removed limits on cash withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. The restrictions on ATM withdrawals will go from Wednesday, February 1. But restrictions on savings bank accounts will continue for now - meaning a savings account holder can withdraw Rs 24,000...
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Assembly Elections 2017: More Cash For Candidates? Election Commission Irked By RBI's Response
The Election Commission's written request to the Reserve Bank of India to allow more cash withdrawal for election candidates in the five states has been turned down. The central bank said the special provision was not possible at the moment, piquing the poll authority to give a curt response.
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50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
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Cash Withdrawal Restrictions May Continue Beyond December 30, Say Bankers
Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes.
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Cap On Cash Withdrawal: High Court Dismisses Plea To Recall Order
Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.
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In Peak Wedding Season, Families Allowed Higher Cash Withdrawal Of Rs 2.5 Lakh In One Go
The government announced new measures today to allow farmers and marrying couples to withdraw more money from banks, as scrapping of high-value notes have impacted weddings and the agri sector.
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RBI Raises Weekly Cash Withdrawal Limit To Rs 50,000 From Feb 20, Limits End Mid-March
Starting February 20, you can withdraw upto Rs 50,000 per week from your savings account, the Reserve Bank of India said today, adding that from March 13, there will be no limits on cash withdrawals.
-
RBI Lifts Limits On Withdrawals From ATMs, Current Accounts
The Reserve Bank of India today removed limits on cash withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. The restrictions on ATM withdrawals will go from Wednesday, February 1. But restrictions on savings bank accounts will continue for now - meaning a savings account holder can withdraw Rs 24,000...
-
Assembly Elections 2017: More Cash For Candidates? Election Commission Irked By RBI's Response
The Election Commission's written request to the Reserve Bank of India to allow more cash withdrawal for election candidates in the five states has been turned down. The central bank said the special provision was not possible at the moment, piquing the poll authority to give a curt response.
-
50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
-
Cash Withdrawal Restrictions May Continue Beyond December 30, Say Bankers
Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes.
-
Cap On Cash Withdrawal: High Court Dismisses Plea To Recall Order
Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.
-
In Peak Wedding Season, Families Allowed Higher Cash Withdrawal Of Rs 2.5 Lakh In One Go
The government announced new measures today to allow farmers and marrying couples to withdraw more money from banks, as scrapping of high-value notes have impacted weddings and the agri sector.
