As November approaches, a number of significant changes to financial regulations will take effect, affecting your credit cards, bank accounts, and pension benefits. From multiple nominations for bank deposits to revised SBI Card charges and fresh deadlines for pensioners, the new month brings a flurry of updates that every consumer should be aware of.

Banks to allow multiple nominations

Beginning on November 1, 2025, banks will implement new nomination regulations in accordance with the Banking Laws (Amendment) Act, 2025. Account holders will now have the ability to nominate as many as four individuals for their deposit accounts, safety deposit boxes, or valuables held in secure custody. They may choose to designate all nominees at once or establish a succession order.

This initiative a

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