New Delhi: at the same time
as the window for depositing demonetised notes ends on December 30, the
constraints on cash withdrawal from banks and automatic teller machines (ATMs)
are anticipated to proceed for a little bit longer.
As per a document in the
Hindu, SBI Chief Arundhati Bhattacharya stated that she does no longer are
expecting the “restrictions to move overnight until the banks get more cash.”
“now we have to look… if
there's money i'll provide it, if there is not any cash, whether limit or no
restrict, I can't provide it. we will best give what is to be had with me,”
Hindu stated quoting Bhattacharya
meanwhile in an exclusive
interview to CNN-News18 on demonetisation informed that the withdrawal deadline
may be prolonged soon.
Following the demonetisation
of 500 and 1,000 rupee notes on November eight by way of prime Minister
Narendra Modi, the government allowed withdrawal of as much as Rs 24,000 per
week per person via cheque and Rs 2,500 from ATMs.
Author : Wealth Research
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