A number of rules made by the Reserve Bank of India (RBI) in 2025 are said to make the banking process more transparent. Such changes involve savings account, KYC process, online lending and ATM transactions. This is what we should understand about how these rules can alter your pocket and banking experiences.
The KYC Regulation Relief
On June 12, 2025, RBI modified the KYC principles. Dormant accounts may be reinstated by visiting any branch of the bank or by video KYC. The low-risk clients have received an exemption of transactions up to June 30, 2026. This is an exemption to small account holders.
Savings Account New Rule
Since January 1, 2025, that is, after the introduction of the new law, RBI has strictened the regulations on the inactive and multiple savings accounts. When your account is inactive longer than 3 years, you need KYC update in order to use it. This will assist the banks in dealing with the idle accounts.
The Fees Charged On ATM Transactions
RBI has redefined the ATM rules since 28 April of 2025. But when the limit of free dealings is exhausted, then each transaction will be charged at a fee of Rs 23. This amount used to be Rs 21 earlier. ATM will now have to be wisely used by the customers.
The digital lending can be transparent.
Digital lending guidelines were issued by RBI on 8 May 2025. Loan apps will now be required to disclose all the data on privacy and charges to their customers. Such a regulation makes online borrowers safer.
Evolution In Priority Sector Lending
Since 1 April 2025, the RBI made changes to the rules of Priority Sector Lending (PSL). More loans will now be advanced to the agriculture sector and MSME sectors. It is positive to small businesses and farmers.
Reduction Of Repo Rate
RBI cut the repo rate in-depth to 6 % on 9 April, 2025. This has the capacity to trim the EMI of home and auto loans. This regulation is a relief to the middle income earners.
The Freak Mania Will Cost You Money
These regulations simplify your banking. But rise in ATM access fee would impact on an increment in the normal transaction costs. Digital lending and KYC regulations benefit the customers. Reductions in repo rate will help loans become cheaper.
Such RBI regulations will make the banking even more perfect in 2025. Have your accounts updated and look at the emerging charges.
Also Read: New EPFO Rules 2025: A Digital Overhaul of India’s Retirement System