•  Banks may place their own limits based on their risk perception with the approval of their Board. •  Ceiling on cash-outs to the recipients through ATMs or BCs raised to 10,000 per transaction subject to the existing cap of 25,000 per month. 6.
Rising credit card debts for homeowners and renters The rise in homeowners’ debt service burdens over the 1990s, albeit small, is associated with increases in their nonmortgage debt and, in particular, with rising levels of credit card debt. The financial obligation associated with credit card debt is difficult to measure.