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News
current account
Current account News
RBI
29 Oct 2021
RBI changes current account opening rules for borrowers with exposure
Such borrowers will be allowed to open current accounts without any restriction or on provision of CC of OD facility. RBI has allowed banks to open current accounts of borrowers with credit exposure, subject to safeguard provisions. However, this provision is subject to obtaining an "undertaking from such borrowers that they shall inform the bank(s)."
banking services
07 Dec 2017
What type of bank account is good for your money? Details here
It is always better to have a knowledge about which bank account we are using.
ATM
01 Feb 2017
No limits on cash withdrawals through ATMs, current a/cs from today
In a big relief to people and small businesses, RBI has announced lifting of restrictions on daily withdrawal of money from ATMs and from current accounts from Wednesday but the weekly limit of Rs 24,000 on savings bank accounts will continue.
Withdrawal limits
16 Jan 2017
Good news for small traders: Withdrawal limit from current accounts doubled to Rs 1 lakh per week
In a major boost for small traders, the Reserve Bank of India (RBI) on Monday hiked the withdrawal limit from current accounts to Rs 1 lakh per week, double from the existing Rs 50,000.
Japan
09 Feb 2015
Japan logs record-low current account surplus in 2014
Japan`s current account surplus shrank nearly a fifth to a record low $22 billion in 2014, the fourth straight annual fall, as its trade deficit swelled amid a weak yen, official data showed Monday.
Japan
13 Jan 2015
Japan posts fifth straight current account surplus in November
Japan posted a current account surplus for the fifth consecutive month in November as a weaker yen helped boost repatriated returns on foreign investment, official data showed Tuesday.
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