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Cash withdrawal limit News
Cash withdrawal limit
State Bank of India's revised service charges effective from June 1; find out what they are
Thu, Jun 01, 2017
SBI introduces service charges right from cash withdrawal from ATMs to usage of solid or imperfect notes. State Bank Buddy customers to now Rs 25 on every cash withdrawal from ATMs.
SBI changes service charges on various transactions; find out what they are
Wed, May 10, 2017
The bank said that now customers will be charged Rs 25 per transaction on every cash withdrawal from ATMs. The bank will also charge on issue of ATM cards except RuPay, henceforth.
Why are ATMs in India suddenly running dry again?
Fri, Apr 21, 2017
As per LocalCircles survey, from April 13 - April 16, nearly 46% of Indian citizens could not find ATMs dispensing cash. In the first week of April 2017, about 36% of citizen has reported the similar problem.
Cash transaction limit not to be implemented on withdrawal from banks
Thu, Apr 06, 2017
Cash transaction limit not to be implemented on withdrawal from banks. Watch the full segment for more details.
Growth in digital banking slows down, cash withdrawals fall post March 13
Mon, Apr 03, 2017
State Bank of India, in a research report said, “It may be also noted that with the implementation of ban on cash transactions of over Rs 2 lakh from April 1, further decline in cash withdrawals may be a possibility.”
Cash balance in Jan Dhan accounts at its lowest since October
Wed, Mar 29, 2017
Data show that although from October to November 2016 saw an over Rs 30,000 crore rise in deposits in Jan Dhan accounts, withdrawals are slowly inching up,
All cash withdrawal limits go back to pre-demonetisation era
Mon, Mar 13, 2017
In a two-stage process, the weekly withdrawal limit per account had been raised to Rs 50,000, from Rs 24,000, with effect from February 20, and all limits on ATM withdrawals were slated to cease from March 13.
SC notice to Centre, RBI over cash deposit deadline
Tue, Mar 07, 2017
During the hearing, the bench observed: "Despite postulations, no individual has been permitted to deposit after December 31, 2016."
Cash crunch ends: Starting today you can withdraw Rs 50,000 per week
Mon, Feb 20, 2017
The central bank on January 30, had cancelled the daily and weekly limits imposed on ATM withdrawals and from the current accounts from February 1.
RBI raises withdrawal limit for savings account to Rs 50,000; no limit from March 13
Wed, Feb 08, 2017
The apex bank had imposed the limitation on withdrawal of cash after Prime Minister Narendra Modi on November 8 had announced the ban on Rs 500 and Rs 1000 notes.
RBI withdraws ATM cash limit from Feb 01
Mon, Jan 30, 2017
While ATM cash withdrawal limit will be ending from February 01, 2017. However bank at their discretion can have their own operating limits as was the case before November 08, 2016, stated RBI.
Demonetisation: RBI enhances ATM withdrawal limit to Rs 4,500 per day from January 1
Sat, Dec 31, 2016
The Reserve Bank of India (RBI) on Friday has increased the daily cash withdrawal limit to Rs 4,500 per day from the earlier cap of Rs 2,500 per day starting from January 1 next year. However, the weekly cash withdrawal limit of Rs 24,000 per week remains unchanged.
Cap on cash withdrawal a decision beyond judicial review: High Court
Fri, Dec 02, 2016
The judges dismissed the petition on the ground that it was "devoid of merit" as there were "no restrictions" for operating the bank account by "non-cash transactions".
RBI lowers cash withdrawal limit from Jan-Dhan accounts to Rs 10,000 per month
Wed, Nov 30, 2016
In an attempt to protect the innocent farmers and rural account holders of Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme from money laundering and legal consequences, the Reserve Bank of India (RBI) on Tuesday announced restrictions on cash withdrawal limit to Rs 10,000 per month.
Now, INOX Leisure ties up with SBI for dispensing cash
Fri, Nov 25, 2016
The company added that the facility will be available across 17 properties starting today.
Demonetisation effect: Cash withdrawal at POS to be Rs 2000 across all centres
Sat, Nov 19, 2016
As an another customer-centric move in the times of demonetisation, the Reserve Bank of India (RBI) has now made the limit for cash withdrawal at point of sale (POS) - for debit cards and open system prepaid cards issued by banks in India, uniform at Rs 2000 per day available at all centres.
Demonetisation: Banks to use indelible ink to ensure people change cash only once
Tue, Nov 15, 2016
Under the so-called demonetisation scheme, people are allowed to exchange up to 4,500 rupees once only.