New Delhi: The outbreak of Corona-Virus is continuously increasing. Meanwhile, unlock-2 has been implemented in the entire country from today. According to the guidelines, metro, cinema hall, gym, swimming pool will not open till 31 July. Apart from this, international flights will also be banned. Schools, colleges and coaching institutes will also not be opened till 31 July.
Apart from this, another major change has taken place today. These changes are related to banking regulations and LPG prices. From Wednesday, all bank account holders will not get any rebate on cash transactions from ATMs. As before, every month only eight people in metro cities and 10 in non-metro cities will be able to do transactions.
Account-holders will have to keep a minimum balance in the savings account every month according to the rules of their banks. The need to keep a minimum monthly balance maintained was eliminated during the lockdown.
The biggest hit is on the interest received on the account of the customers. Most banks will reduce the interest received in the savings account. While the interest to Punjab National Bank account holders will be reduced by 0.50 per cent, other government banks will also get a maximum of 3.25 per cent.
With this, people’s accounts will freeze if documents are not deposited in many banks from today. Along with Bank of Baroda, this rule has also become applicable in Vijaya Bank and Dena Bank. Significantly, Vijaya and Dena Bank have been merged with Bank of Baroda.
Oil marketing companies announce new prices of LPG cylinder and air-fuel on the first date of every month. The prices have been increasing for the last few months. At the same time, with the rising prices of petrol and diesel, there is hope that the cost of airfares will increase significantly with people’s kitchens.
