All restrictions on cash withdrawal from bank accounts removed from today

March 13, 2017

New Delhi, Mar 13: The restrictions placed on cash withdrawals from bank accounts after Centre’s demonetisation drive on November 8, 2016 was completely removed today.

The Reserve Bank of India had announced last month that the all caps on cash withdrawals would end on March 13.

The limits were imposed after Prime Minister Narendra Modi announced the decision to scrap 86 per cent of total currency in Rs 500 and Rs 1000 notes, around Rs 15.44 lakh crore, on November 8, creating huge cash crunch across the country.

The limits were gradually eased to Rs. 50,000 per week on February 20.

"Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts," the RBI had said in a notification on February 8.

The RBI had already removed restrictions on cash withdrawals from Current accounts on January 31, 2017.

The central bank is yet to provide final figure on how much of the demonetised currency has been deposited in banks after demonetisation was announced.

Last month, the apex bank said it was yet to collect all the data.

It said that all the centres of the RBI are yet to send the data on old notes and NABARD has also not provided with the data on deposits in cooperative banks. The data on notes in circulation in Bhutan and Nepal is also not been collected, the RBI said.

Along with all these data and deposits made by NRIs after December 30, 2016 deadline will it be able to tell how much old notes are back in banks, the RBI said.

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Mangaluru: Youth arrested for misleading Instagram post targeting police

News Network

December 19,2025

Mangaluru: The Mangaluru CEN police have arrested a 23-year-old man for allegedly posting provocative and misleading content on an Instagram page named “mr_a_titude”, targeting the Bajpe police.

Mangaluru Commissioner of Police Sudheer Kumar Reddy C H identified the arrested as Abhishek M, a resident of Katipalla in Mangaluru.

A case has been registered at the Bajpe Police Station under Sections 353(1)(c), 353(2), 56, and 57 read with Section 189 of the Bharatiya Nyaya Sanhita (BNS) in connection with the post.

According to police, the accused uploaded a photograph of a hotel on the Instagram page and alleged that accused persons in a murder case under the Bajpe police jurisdiction were being given “royal treatment” by the police, including being served beef meals daily from the hotel.

The post further accused the police of supporting criminals, misusing their authority, and betraying public trust. Police said the content was provocative in nature and aimed at inciting public outrage against the police.

Following the post, a case was registered at the Bajpe police station, and further investigation was transferred to the CEN police station.

Police records indicate that the accused has a criminal history, with multiple cases registered against him, including murder, attempt to murder, assault, and robbery at the Surathkal Police Station, and one case at the Kaup Police Station.

The Commissioner said the accused was traced and arrested using technical evidence.

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