There are going to be major changes in many rules in the country from today. These include prices ranging from banking to cooking gas. Talking about the banking sector, SBI, PNB and Bank of Baroda are going to make some changes in their rules, which is very important to know. Let’s take a look at some of the major changes.
Changes in IMPS Service of State Bank of India State Bank of India (SBI) is the second largest bank in the country after RBI. In such a situation, any change in the rate of transaction has an effect on the common people. Let us tell you that from February 1, there is going to be a big change in the IMPS rates of the bank. State Bank will no longer levy any charge on IMPS up to Rs 2 lakh.
Strictness of Punjab National Bank
Punjab National Bank has also made some changes in its rules. Under this, if your installment or investment fails due to lack of money in the account, then you will have to pay a fine of Rs 250. Till now this penalty was Rs 100.
Bank of Baroda is also making changes in this rule. The changes happening from February 1 also include a rule for cheque clearance of Bank of Baroda. Under this, customers of Bank of Baroda will have to follow the positive pay system for check payment from February 1. That is, now the information related to the check will have to be sent, only then your check will be cleared. For information, let us tell you that the changes are for check clearance above Rs 10 lakh.
There may be a change in the price of gas cylinder
It is worth noting that the price of LPG is fixed on the first of every month. This time the budget is to be presented on February 1, so it will be interesting to see what will be the effect on cylinder prices on February 1.
If the prices rise or fall, it will certainly have an impact on the pockets of the public.
Union Finance Minister Nirmala Sitharaman will present the budget
