ATM cash withdrawal limit increase: Mamata Banerjee slams Centre
"Government eye wash announcement . Money not available in banks. All restrictions should be withdrawn immediately #DeMonetisation," Banerjee tweeted.
Giving relief to people across the nation, the Reserve Bank of India on Monday increased the daily withdrawal limit from ATMs to Rs.10,000.
"The limit on withdrawals from ATMs has been enhanced from the current limit of Rs.4,500/- to Rs.10,000/- per day per card (It will be operative within the existing overall weekly limit)," the RBI said in a statement.
The Bank said the limit on withdrawal from current accounts has been enhanced from the current limit of Rs.50,000 per week to Rs.1,00,000 per week and it extends to overdraft and cash credit accounts also.
Withdrawal limit from ATMs were reduced after the Centre on Nov 8 announced its move to ban old Rs 500 and Rs. 1000 currency notes.
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