December, the last month of 2024, begins with several important changes that will affect your daily life and finances. Here’s a look at these major updates.
LPG Gas Prices Go Up
The price of LPG gas cylinders has increased starting December 1, 2024. The price has gone up by ₹16.50, making an LPG cylinder in Delhi cost ₹1818.50.
In November, there was also an increase in the price of LPG gas at the start of the month. This change directly impacts the common man’s budget.
New Credit Card Rules for SBI Users
From December 1, new rules apply to credit card transactions for SBI customers. Previously, users received reward points on transactions related to digital gaming platforms and merchants.
However, starting today, reward points will no longer be awarded for such transactions.
Changes in OTP Rules for Better Security
Telecom companies are implementing new OTP traceability rules from December 1. These changes aim to reduce spam and phishing cases. All messages sent by telecom companies will now be traceable, enhancing security for users.
Bank Holiday Schedule for December
Banking schedules will also change this month, with banks being closed for 17 days in various states due to festivals, events, and weekly holidays. Here’s a detailed list of bank holidays in December:
December 3: Banks closed in Goa for the feast of St. Francis Xavier.
December 12: Banks closed in Meghalaya for Pa-Togan Nengminja Sangma.
December 18: Banks closed in Meghalaya for U Soso Tham’s death anniversary.
December 19: Banks closed in Goa for Goa Liberation Day.
December 24: Banks closed in Mizoram, Nagaland, and Meghalaya for Christmas Eve.
December 25: Banks closed nationwide for Christmas.
December 26: Bank holiday due to Christmas.
December 27: Holiday for Christmas celebrations in many places.
December 30: Banks closed in Meghalaya for U Kiang Nangbah.
December 31: Banks closed in Mizoram and Sikkim for New Year’s Eve/Losong/Namsung.
Weekly and Saturday Bank Closures
In addition to the above holidays, banks will remain closed on these dates:
Weekly holidays: December 1, 8, 15, 22, and 29.
Second and fourth Saturdays: December 14 and 28.
