Modi government holi dhamaka order to RBI news full in detail

After the ban on the Modi government, all kinds of stopping of cash withdrawal from savings accounts were abolished on Monday. The Reserve Bank of India (RBI) had announced this month last month. The top bank had increased the weekly limit of cash withdrawal in two phases from Rs 24,000 on February 20 to Rs 50,000. All the clearances from the ATM were announced on March 13.

This announcement was made by RBI Deputy Governor R. Gandhi had during the announcement of the monetary policy review by the central bank in February, in which interest rates were kept at 6.25 per cent. At the same time, the bank had said that he is waiting for the data of the effect of the ban on the effect of the ban on bondage. After that, any decision will be taken on interest rates.

The RBI had removed the limit on withdrawal of cash accounts, cash credit accounts and overdraft accounts on January 30.

The limit on withdrawal of bank accounts was imposed after the ban on November 8. Under this, the government had extinguished 500 rupees and 1,000 rupees notes out of circulation.

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