Relief as Daily ATM Cash Withdrawal limit to be ₹4500 from 1st January 2017

Post demonetisation the availability of cash in Indian economy was terribly affected as new notes were in shortage and daily withdrawal limit was severely curbed. Recently there has been some relief as the daily withdrawal has been increased to ₹4500 per card effective from 1st January 2017. However the weekly withdrawal of ₹24000 remains unchanged. Most of the withdrawal will be in ₹500 denominations.