RBI hikes ATM, Current Account withdrawal limits

rbiNew Delhi, (IANS) The RBI on Monday hiked the daily ATM withdrawal limit from Rs 4,500 to Rs 10,000 and the weekly Current Account withdrawal limit from Rs 50,000 to Rs 1 lakh.

The withdrawals from ATMs will be operative within the existing overall weekly limit of Rs 24,000, a Reserve Bank of India communique said.

Medaram Jathara

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