https://www.taxtmi.com/news?id=17103 Demonetisation led to temporary relaxation of cash withdrawal and deposit rules: specified categories (interbank transfers, Post Office, airport money changers, white label ATMs) were exempt from individual cash limits; government departments, farmers, current account/overdraft/cash credit customers and registered APMC traders could obtain higher weekly cash subject to account operational history and KYC compliance; limited cash for marriage expenses was permitted. Deposits of old notes into most accounts were allowed with CTR/STR reporting, and only Urban and State Cooperative Banks were authorised to accept deposits/repayments in old notes. Directed liquidity support and outreach measures were implemented to ensure rural cash availability, alongside bank disciplinary procedures for staff irregularities. en-us Sat, 17 Dec 2016 10:46:03 +0530 Sat, 17 Dec 2016 10:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17103 Demonetisation led to temporary relaxation of cash withdrawal and deposit rules: specified categories (interbank transfers, Post Office, airport money changers, white label ATMs) were exempt from individual cash limits; government departments, farmers, current account/overdraft/cash credit customers and registered APMC traders could obtain higher weekly cash subject to account operational history and KYC compliance; limited cash for marriage expenses was permitted. Deposits of old notes into most accounts were allowed with CTR/STR reporting, and only Urban and State Cooperative Banks were authorised to accept deposits/repayments in old notes. Directed liquidity support and outreach measures were implemented to ensure rural cash availability, alongside bank disciplinary procedures for staff irregularities. News - Sat, 17 Dec 2016 10:46:03 +0530 https://www.taxtmi.com/news?id=17103