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cash withdrawal restrictions News
cash withdrawal restrictions
Charge on cash deposit: Why blame the banks when RBI approved move
Mon, Mar 06, 2017
One of the reasons could be the rise in cash withdrawals since January 2017. RBI data show that people have already started withdrawing cash from their bank accounts in large numbers which has led to slowdown in digital transactions.
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.
Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII
Fri, Jan 13, 2017
Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.