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RBI removed cash withdrawal limits at ATMs, current accounts

RBI removed cash withdrawal limits at ATMs, current accounts

Monday, January 30, 2017, 6:10 PM

The Reserve Bank of India (RBI) removed cash withdrawal limits from ATMs from 1 February. RBI also said limits on current account and overdraft accounts stand withdrawn with immediate effect. However, cash withdrawal limits on Savings Bank accounts will continue for the present and are under consideration for withdrawal in the near future, RBI said in its notification.
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