From UPI, FASTag to KYC rules: Here’s what changes for consumers this August

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August 1 New Rules: India is set for financial updates from August 1, 2025. NPCI will implement new UPI transaction rules. SBI will discontinue air accident insurance on some credit cards. PNB customers need to update KYC details by August 8. Fuel prices may be revised. RBI will extend money market trading hours. A FASTag annual pass will be available from August 15.