Weekly withdrawal limit from banks increased to ₹24,000
The Finance Ministry on Sunday announced that the weekly limit of ₹20,000 for withdrawal from bank accounts has been increased to ₹24,000. Moreover, the withdrawal limit of ₹10,000 per day has been removed. The announcement comes on the day when banks started issuing new ₹500 notes for the first time after the demonetisation of the old ₹500, ₹1,000 notes.