New Banking Rules In India: From April 1, 2025, new banking regulations will roll out across India, bringing significant changes for account holders. These updates will change credit card perks, savings account rules, implementation of Positive Pay Systems (PPS) and more. Customers should know in advance to avoid penalties and make the most of your banking benefits.
Starting May 1, ATM withdrawals will become more expensive, according to a report by DD News. Customers will be charged an additional Rs 2 for each financial transaction beyond the free limit. For non-financial transactions like balance inquiries, the fee will increase by Rs 1. Consequently, the cost of withdrawing cash from an ATM will rise to Rs 19 per transaction from the previous Rs 17.
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