The limit on cash withdrawals from savings bank account has been lifted from Monday. Till March 13, there was a cash withdrawal limit of up to Rs 50,000 per week on savings accounts. India Lost 11 Billionaires After Note Ban
On November 8, last year, Prime Minister Narendra Modi had announced banning the use of high denomination currencies of Rs 500 and Rs 1000 notes, in the country.
No Limits On Cash Withdrawal From Savings Accounts From Today
The Reserve Bank of India, on January 30, issued a notification announcing that from March 13 all limits on cash withdrawal from savings accounts will be removed.
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