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MIS SELLING OF PRODUCTS
Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...- RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
- RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...
- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
- Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...
- SBI employees' federation stages dharna in Kolkata, plans nationwide strike on May 25-26State Bank of India Staff Federation protested in Kolkata demanding recruitment and an end to mis-selling insurance. Employees will strike ...
- Zerodha’s Nithin Kamath flags ULIP, endowment traps; says health policies remain complexNithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans de...
- Belgian insurer Ageas eyes India growth, explores acquisitions for expansionBelgium'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...
- Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
- IIT Delhi graduate was happy to bag Rs 17 LPA in first job. Later realises the real cost he has to payA 24-year-old graduate from the Indian Institute of Information Technology Delhi has gone viral after quitting his Rs 17 LPA banking job, c...
- Youth reveals why he left Rs 17 LPA banking job: ‘Five days a week became six days a week, had to eat within 15 minutes….’A finance professional resigned from a ₹17 lakh banking role due to immense pressure, long hours, and unrealistic monthly targets of ₹10 cr...
- HDFC Bank penalises 12 execs for role in mis-selling AT1 bondsHDFC Bank has penalized at least 12 senior and mid-level executives, including Ashish Parthasarthy, for their alleged role in the mis-selli...
- RBI’s crackdown on mis-selling: What customers need to knowTighter regulations on banks’ advertising, sales and marketing practices aim to curb the mis-selling of financial products such as insuranc...
- 100% refund for mis-sold financial products and crackdown on dark patterns: How RBI’s new draft can benefit customersThe Reserve Bank of India is implementing stricter regulations against financial institutions for mis-selling products. New draft direction...
- RBI proposes July 1 rollout of stricter mis-selling rules for banksThe Reserve Bank of India is introducing new rules for banks. Banks must now refund customers fully if a product or service is mis-sold. Th...
- 5 common mis-selling traps: How banks profit at your expense and how to fight backMis-selling of financial products in India is rampant, with customers often misled by agents and relationship managers pushing unsuitable p...
- 5 ways you can identify and avoid investment misselling
- Rules planned to curb mis-selling of products by banks and NBFCsReserve Bank of India will soon release norms to stop mis-selling. This will protect consumers from misleading sales tactics. In FY25, the ...
- RBI plans registry to save you from digital fraudsRBI ED Anil Kumar Sharma told reporters on Monday the database will help keep tabs on fraudsters. "There is no definite timeline for settin...
- Is your bank mis-selling?ET Wealth went undercover and found that bank executives continue to mis-sell insurance and other financial products.
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