India, Sept. 30 -- Rule Changes From October 1, 2026: The month of October 2026 will mark a new phase of regulations on day-to-day bank activities, digital payments, retirement fund contributions and household expenses while some of these guidelines will apply to individual consumers, some will be applicable primarily to banks and merchants.

The new set of regulations includes new restrictions on SBI ATMs for some salary account holders, new information guidelines for bulk fixed deposits, new NPS fee structure and Aadhaar based identification system for subsidized LPG cylinder refills. UPI Merchant Discount Rate (MDR) regulations will be implemented from October 15.

1. SBI ATM Free Transactions Cut to Five

There will be a reduction in ...