RBI’s Take on Withdrawal of Cash and Deposits as of 8th February, 2017

On Wednesday, RBI (Reserve Bank of India) announced that there will not be any cash withdrawal restrictions from savings bank accounts starting from 13th March. However, the entire process will be done in 2 phases. Starting from 20th February, the limit on cash withdrawal will be increased to Rs 50,000 a week from the existing […]

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