New Schemes announced by PM Modi on New Year’s eve address
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New Schemes announced by PM Modi on New Year’s eve address

Prime Minister Narendra Modi announced on Saturday two new housing schemes benefiting the economically backward sections as well as financial aid for pregnant women. Wishing the nation a happy new year, Modi assured that his government’s efforts in 2017 would be to bring the banking system to normal at the …

 ATM withdrawal limit raised to Rs 4,500/day from  Jan 1
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 ATM withdrawal limit raised to Rs 4,500/day from  Jan 1

The Reserve Bank on Friday late night increased the withdrawal limit from ATMs to Rs 4,500 per day from the current Rs 2,500 from January 1.  However, there has been no change in the weekly withdrawal limit, which stands at Rs 24,000, including from ATM, for individuals (Rs 50,000 in case of small traders). …

RBI doubles balance limit for digital wallets to help small merchants
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RBI doubles balance limit for digital wallets to help small merchants

In a bid to help small merchants meet transactional needs after demonetisation, the Reserve Bank of India on Tuesday said it has doubled the limit balance that can be kept in digital wallets to Rs 20,000. The RBI, in a statement released on Tuesday, said: ” A special dispensation has now been enabled for …