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

Raise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock ...

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

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...

A health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...

The Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a grow...

Satishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a con...

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...

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

The government is introducing measures to reform the insurance sector. These include extending the free-look period to one year and introdu...

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

The Reserve Bank of India Governor cautioned banks about misselling practices. He stressed the importance of ethical conduct for the bankin...

While referring to financial products misselling, the survey said that misselling and misrepresentation need acknowledgment, with firms com...

Some of the measures being considered may include a cap on commission charges paid to banks for selling insurance products, stricter disclo...