State Bank of India Staff Federation protested in Kolkata demanding recruitment and an end to mis-selling insurance. Employees will strike ...

Nithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans de...

When IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...

Belgium's Ageas Group is prioritizing India's growth, aiming to break into the top 10 insurers in both life and non-life segments. The comp...

From 1 July, stricter norms issued by the Reserve Bank of India will come into force against banks’ mis-selling of financial products, incl...

Insurance complaints are rising, with claim disposal delays topping the list. Data from IRDAI shows a significant increase in policyholder ...

Finance Minister Nirmala Sitharaman strongly condemned banks for mis-selling financial products. She highlighted that this practice is now ...

Financial year-end targets fuel aggressive sales tactics in insurance. Customers are being sold policies they do not need, often through co...

Mis-selling of financial products in India is rampant, with customers often misled by agents and relationship managers pushing unsuitable p...

The National Housing Bank has instructed home financiers to cease mis-selling bundled insurance policies with housing loans. NHB mandates e...

India's insurance regulator, IRDAI, urged banks to address concerns regarding mis-selling of insurance products through their channels. Thi...

Irdai has proposed new rules to protect policyholders’ interests under which insurance companies will have to substantially increase the am...

Irdai to hold banks accountable for investment advice they provide as complaints about mis-selling rise.

A report by Milliman noted that the joint venture structure is a stumbling block for partners to arrive at a consensus on valuation.

Consumers can deal with mis-selling by preventing it right at the purchase stage and, if the policy has been bought, by taking action again...

P Chidambaram today asked the insurance companies to refrain from mis-selling and devise simple products for people to boost growth in the ...

Mis-selling of insurance products is occurring at some private sector banks.