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RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Rs 10 lakh or more deposited in 36 lakh bank accounts

MoS for Finance Santosh Kumar Gangwar did not specify for which financial year such deposits were made.

18 July 2017 3:16 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Report cash receipt over Rs 2 lakh in single transaction

Norms of aggregation contained in sub-rule 3 of Rule 114E have been amended vide CBDT notification dated Oct 6, 2016.

23 Dec 2016 3:24 PM IST