Limit Withdrawals To Rs 1000 Per Account: RBI To Bank

Update: 2018-04-19 13:56 GMT
Union Finance Minister Arun Jaitley mayn't agree, but People all over the country are becoming the victims of Cash Crunch.

Reserve Bank of India (RBI) directed a Mumbai-based City Co-operative Bank to restrict the withdrawals to only Rs 1,000 per account. Which means, Depositors of Savings & Current Accounts willn't be allowed to withdraw more than Rs 1,000.

If the situation in the financial capital of the country is like that, Imagine how much people in rural areas have been suffering. When the Government fails to address an issue even after one-and-a-half year, What could people say about it? Mr. Modi Ji need to answer if this is what he want to achieve with demonetisation.

Arun Jaitley says what's happening now is just a temporary shortage. He should clarify how long will the temporary shortage continues.
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