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The number of people who don’t have bank accounts is on the rise, as many households turn to alternative ways of getting cash — like prepaid cards. or have a negative banking history or credit profile. And 6.4% report that they.
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Further relaxing cash withdrawal norms, the Reserve Bank today said overdraft and cash credit account holders can now withdraw up to Rs 50,000 in a week. Earlier, current account holders were allowed to withdraw up to Rs 50,000 in.