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Daily Archives: February 8, 2017

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Restriction on Cash withdrawal limits from bank and ATM to go: RBI

Bank NewsBy Surendra NaikFebruary 8, 2017

The Reserve Bank of India (RBI) today Feb 8, 2017 (Wednesday) announced that all restrictions on cash withdrawal from savings bank account will be removed in two phases.In the first phase, the withdrawal limit will be raised to Rs 50,000 from existing Rs 24,000 a week, effective February 20. In the second phase, from March…

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