New Delhi:
From May 1, 2024, a series of alterations in banking regulations are set to influence your financial landscape. Get ready for shifts in LPG cylinder prices, savings account rules from major banks, and crucial deadlines for investment schemes.
LPG Cylinder Price Adjustment
On the first day of each month, oil marketing companies will recalibrate the prices of LPG cylinders,
impacting both domestic and commercial consumers.
Yes Bank’s Savings Account Modifications
Yes Bank unveils revised rules for its savings accounts effective May 1.
Revised Minimum Average Balance (MAB) requirements and revised charges across various account types.
ICICI Bank’s Evolving Regulations
ICICI Bank introduces updates in service offerings and charges, including alterations in debit card fees, checkbook charges,
and IMPS transaction fees.
HDFC Bank’s Wecare FD for Senior Citizens
Time is running out for senior citizens to invest in HDFC Bank’s Wecare FD scheme. Act before May 10, 2024, to secure additional interest rates,
offering a competitive advantage over regular FDs.
Stay tuned as these changes come into effect, shaping your financial journey from the onset of May 2024.