Latest Rules and Changes for December 2024

The final month of 2024 brings several changes that may impact your daily life and finances. Let’s take a look at the most important updates.

LPG Gas Prices Increase

Starting December 1, 2024, the price of LPG gas cylinders has gone up by ₹16.50. In Delhi, the cost of an LPG cylinder now stands at ₹1818.50.

This marks the second price hike in recent months, as LPG prices also increased at the beginning of November. These changes directly affect household budgets.

SBI Credit Card Rules Revised

New rules for SBI credit card users also come into effect from December 1. Previously, customers earned reward points for transactions made on digital gaming platforms

and merchants. However, under the new rules, such transactions will no longer qualify for reward points.

Enhanced OTP Security Rules

Telecom companies are rolling out new OTP (One-Time Password) traceability rules from December 1 to combat spam and phishing.

These changes will ensure all OTP-related messages are traceable, providing users with improved security.

December Bank Holidays

Banks will be closed on various dates in December due to festivals, events, and regular weekly holidays. In total, banks will remain shut for 17 days across different states.

Festival and Event-Specific Closures:

December 3: Goa (Feast of St. Francis Xavier)

December 12: Meghalaya (Pa-Togan Nengminja Sangma)

December 18: Meghalaya (U Soso Tham’s death anniversary)

December 19: Goa (Goa Liberation Day)

December 24: Mizoram, Nagaland, and Meghalaya (Christmas Eve)

December 25: Nationwide (Christmas)

December 26: Christmas holiday

December 27: Christmas celebrations (various states)

December 30: Meghalaya (U Kiang Nangbah)

December 31: Mizoram and Sikkim (New Year’s Eve/Losong/Namsung)

Weekly and Saturday Closures

1) Weekly holidays: December 1, 8, 15, 22, and 29

2) Second and fourth Saturdays: December 14 and 28

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