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01-16-2017, 05:00 PM
Indians can **w withdraw more money from ATMs every day
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Indians can **w heave a sigh of relief. They can **w withdraw more of their own money, parked in their own bank accounts.*
The country's federal bank has raised the withdrawal limit from ATMs to Rs 10,000 ($147) per day per card from the existing Rs 4,500 ($66) with immediate effect. However, their withdrawals will have to remain within the weekly cap of Rs 24,000 ($352), the RBI added.*
SEE ALSO: India's federal bank just can't make up its mind on demonetization (http://mashable.com/2016/12/22/rbi-demonetization-rules-amedments-india/)
Post the Indian government's ban on high-value currency **tes (http://mashable.com/2016/11/09/india-scraps-rs-500-1000-currency-**tes-corruption-terrorism/), that sent the nation of 1.3 billion into collective misery, getting access to one's own money in cash had become next to impossible with banks and ATMs running dry and government imposing limits.* Read more... (http://mashable.com/2017/01/16/rbi-raises-atm-withdrawal-limit-10000-rupees-india/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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Indians can **w heave a sigh of relief. They can **w withdraw more of their own money, parked in their own bank accounts.*
The country's federal bank has raised the withdrawal limit from ATMs to Rs 10,000 ($147) per day per card from the existing Rs 4,500 ($66) with immediate effect. However, their withdrawals will have to remain within the weekly cap of Rs 24,000 ($352), the RBI added.*
SEE ALSO: India's federal bank just can't make up its mind on demonetization (http://mashable.com/2016/12/22/rbi-demonetization-rules-amedments-india/)
Post the Indian government's ban on high-value currency **tes (http://mashable.com/2016/11/09/india-scraps-rs-500-1000-currency-**tes-corruption-terrorism/), that sent the nation of 1.3 billion into collective misery, getting access to one's own money in cash had become next to impossible with banks and ATMs running dry and government imposing limits.* Read more... (http://mashable.com/2017/01/16/rbi-raises-atm-withdrawal-limit-10000-rupees-india/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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