MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States || Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail || MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment || Kerala HC: Petrol Pump Licence is Automatically Cancelled on Lease Expiry Without Any Hearing || MP HC: Trial Courts Cannot Grant Permanent Injunction in Title Suits Without Recovery of Possession || MP High Court: Guardians Can be Liable For Minors Flying Kites With Chinese Manjha || SC: Under Order XXI Rule 102 CPC, A Transferee Pendente Lite Cannot Obstruct Execution of a Decree || SC: RTE Act promotes fraternity and equality by children of judges and vendors studying together || MP High Court: Aadhaar and Voter ID Cards are Not Definitive Proof of Date of Birth || Chhattisgarh HC: Second Marriage During Subsisting First Marriage Void Unless Custom Permits It

DCCBs can allow existing customers to withdraw upto Rs. 24,000 from their accounts : RBI- (Reserve Bank of India) (14 Nov 2016)

MANU/RPRL/0288/2016

Banking

The Reserve Bank of India has today clarified that District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money from their accounts upto Rs. 24,000 per week upto November 24, 2016. However, no exchange facility against the specified bank notes (Rs. 500 and Rs. 1000) or deposit of such notes should be entertained by them. The Reserve Bank has accordingly advised all banks to permit withdrawal of cash by DCCBs from their accounts based on need. The cash withdrawal limit of Rs. 24,000 per week is not applicable to withdrawal of cash by a DCCB from its account with any other bank.

Tags : WITHDRAWAL LIMITS ALLOWABILITY

Share :