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Withdrawals in March 2017 more than previous year: RBI

According to a report by RBI, withdrawals from ATMs in March 2017 stood at 2,259 billion, which is 0.6% more than what people withdrew in the same month in 2016. However, this rate of growth is much lower than an increase of 11.4% for March 2016 as compared to March 2015. Notably, the RBI lifted all cash withdrawal limits on March 13 this year. 

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