SBI halves daily ATM withdrawal amount to ₹20,000

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SBI halves daily ATM withdrawal amount to ₹20,000

Oct 01, 2018 16:10 IST

India's largest lender State Bank of India has lowered the ATM cash withdrawal limit from 40,000 rupees to 20,000 rupees. The move will be effective from the 31st of October. SBI said that the decision was to tackle growing fraudulent transactions and also to boost digital and cashless exchange.

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