Banks shut today, ATMs open, withdraw Rs 2500 a day: Top developments


Amid unending queues of cash-starved citizens at banks and relentless attacks by the opposition, the government on Sunday announced an increase in withdrawal limits at banks and ATMs. The Centre also urged the states to “facilitate the opening of new bank accounts” and last-mile distribution of small denomination notes as it announced that the new Rs 500 note had been issued.

Here is everything you might have missed over the weekend:

Related Story :    New Series Of Rs 500 Notes Issued

As these are replenished only once a day, ATMs were running out of cash in two-three hours as people, worried about the paucity of cash, were withdrawing money from more than one account.




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