RBI raises ATM withdrawal Limit to Rs.10,000
January 19th, 2017
In a Major relief, the Reserve Bank today (16 January 2017) more than doubled the daily ATM withdrawal limit to Rs.10,000 but retained the weekly ceiling at Rs.24,000. The RBI however doubled the weekly withdrawal limit from current accounts to Rs. 1 lakh from Rs. 50,000 a move which will ease the cash position of small traders.