Understanding Cash Withdrawal Limits on Current Accounts
Posted on Wednesday, July 31st, 2024 |
The Reserve Bank of India (RBI) removed the cash withdrawal limits at ATMs for current accounts in 2017. This decision enabled businesses to streamline cash flow management, reduce operational hassles, and enjoy enhanced overall financial flexibility. Let’s delve into the implications of this change, the importance of current accounts, and related cash deposit limits. What…
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