You can Extend your UPI Linked Bank Account To Family Members. This Means, One Bank Account Can Be Used By Senior Citizens, Minors, etc on Two Different Mobile Number / Smartphones. No Need To Open a Separate Bank Account
Your Information Related to Loans, Credit Cards Shall Be Updated in Every 15 Days by Banks To Credit Information Companies (CIBIL, Experian, etc). Currently This is on Monthly Basis.
Cheque Clearing Cycle To Be Reduced in Just Few Hours Instead of T+1 Day. This is Another Revolutionary Move.