Cash withdrawal limit to be Rs 50,000 from February 20; no limit from March 13 

8 Feb, 2017 15:54 IST|Sakshi
ATMs in India have separate cassettes (boxes) to hold different denominations of cash such as Rs 100, Rs 500 and Rs 1000 notes. Configurations of cassettes vary as per the currency they hold

Mumbai: The limits on savings bank cash withdrawals post-demonetisation are to be withdrawn in two stages, the Reserve Bank of India announced on Wednesday, with the limit slated to go up to Rs,50,000 per account from February 20, and to go altogether from March 13.

--IANS

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