New Delhi, Aug. 1 -- In India, several major rule changes are implemented on the 1st of every month. This time, multiple financial rules are set to come into force that will impact the common man's pocket.

The Reserve Bank of India (RBI) announced an extension of trading hours for the call money, market repo, and Tri-Party Repo (TREP) markets in two phases. The first phase took effect on July 1, 2025. In the second phase, effective August 1, 2025, trading hours for the market repo and TREP markets will be extended from 9:00 am IST to 4:00 pm IST.

Meanwhile, the National Payments Corporation of India (NPCI) has introduced new UPI transaction rules to reduce system load and ensure smooth transactions, effective from Aug 1. Key updates inc...