Bank and cash logistics companies are under pressure due to a shortage in cash supply after the Reserve Bank of India (RBI) raised the daily withdrawal limit at ATMs from Rs 4,500 to Rs 10,000 per day on Monday. The central bank also increased the withdrawal limit for current accounts to Rs 100,000 per week from Rs 50,000 earlier. Read | RBI increases withdrawal limit: Here’s a list of the withdrawal and deposit rulesMost banks and cash logistics companies have decided to segregate ATMs based on their usage and location for loading of cash. Cash logistics companies and banks said the supply of Rs 500 currency notes has improved though it may still take some time to get to the normal level. Read | RBI increases withdrawal limit but demonetisation pangs still not over

Source: Hindustan Times January 19, 2017 06:23 UTC