Mumbai: Partially ending the nearly three months of cash rationing, the Reserve Bank on Monday lifted caps on daily withdrawals from ATMs and current accounts, but retained the weekly limit of Rs 24,000 from savings bank accounts.
The easing will come into effect from February 1.
With Monday’s notification, a customer can withdraw Rs 24,000 in a day through the ATMs, but he will exhaust the weekly limit of Rs 24,000.
