November 3, 2026
Business

Mis-sold a product from your bank? RBI’s new framework seeks to fix that(Soban News)

The RBI’s new framework bars banks from forcing customers into insurance purchases, links employee incentives to product mis-selling, and mandates explicit consent and full refunds for violations. 

​The RBI’s new framework bars banks from forcing customers into insurance purchases, links employee incentives to product mis-selling, and mandates explicit consent and full refunds for violations.  by Soban News (international And National News)

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