NEW DELHI, Nov 14: The finance ministry increases withdrawals limits on Sunday while advising similar changes to ATM withdrawals.
As per the directive, the weekly withdrawal limit from banks has been increased to Rs 24,000 from Rs 20,000, while the daily limit of Rs 10,000 has been scrapped.
The ministry also advised banks to increase cash withdrawal limits in ATMs to Rs 2,500 per day in recalibrated ATMs.
As for exchange of demonetised banknotes, the ministry advised increasing the limit from Rs 4,000 to Rs 4,500.
The new currency notes of Rs 500 also finally hit the bank branches.
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