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No cash withdrawal limit on savings accounts from today
short by Pragya Swastik / on Monday, 13 March, 2017
The Reserve Bank of India has removed the cash withdrawal limits for the savings bank accounts starting on Monday. The limit was increased to ₹50,000 per week from February 20. The RBI had ended cash withdrawal limits for current account holders from February 1. The limits on bank withdrawals were placed after the demonetisation of old ₹500 and ₹1,000 notes.
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