(Corrects day in second paragraph to Wednesday from Tuesday))
MUMBAI Feb 8 India's central bank said it would
remove the cash withdrawal limit from automated teller machines
(ATMs) and savings accounts from March 13.
The cash withdrawal limit from savings bank accounts will be
relaxed to 50,000 Indian rupees ($743.27) a week between Feb. 28
and March 13, after which it will be removed, Reserve Bank of
India Deputy Governor R. Gandhi said after a monetary policy
meeting on Wednesday.
The RBI had imposed the limits in November after the
government announced a ban on old high-value currency notes, and
began to replace them with new notes.
($1 = 67.2700 Indian rupees)
(Reporting by Abhirup Roy; Editing by Euan Rocha; Editing by