Tag: RBI

All Rupee 10 coins in circulation are original: RBI

Vishal Sharma

All Rupee 10 coins in circulation are original, confirms RBI You might have come across a situation when a shopkeeper would have denied accepting a Rupee 10 coin, in exchange of a commodity, stating it to be a fake coin. Its not just you who have been facing this situation, but many others across the nation (including me). This is a common notion prevailing in different parts of the country where people have started differentiating between original and so called ‘fake’ coins based on rumours. Even social media has played…

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ATM Cash Withdrawal Limit Raised From Rs. 4,500 To Rs. 10,000 A Day, Says Reserve Bank

Virender Singh Rana

HIGHLIGHTS Cash withdrawal limit increased to Rs. 10,000 per day starting tomorrow Weekly withdrawal limit of Rs. 24,000 per bank account remains unchanged Weekly withdrawal amount for current accounts doubled to Rs. 1 lakh NEW DELHI: Starting tomorrow, you can pull out 10,000 per day from an ATM, though a weekly limit of 24,000 per bank account remains unchanged. The RBI has increased the daily limit for ATM withdrawals from Rs. 4,500 which has been in place for a few weeks now. From current accounts, the amount that can be collected…

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