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Banks getting ready for pay rush as salary day approaches

Banks getting ready for pay rush as salary day approaches

Wednesday, November 30, 2016, 11:44 AM
Banks are getting ready for a high pressure December. Citizens will rush to bank branches, to withdraw salaries and pension in cash. Banks could face tough times, amid currency note crunch. At bank branches, preference will be given to pensioners and labourers, withdrawing money. There is a weekly withdrawal limit of INR 24,000 for savings bank accounts and INR 50,000 for current accounts.
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