October 12, 2026
Business

RBI moves to prevent banks from mis-selling financial products: How will it protect customers?(Soban News)

The RBI directions to banks include obtaining the customer’s explicit consent, ensuring product suitability for the customer before it is marketed, and giving a refund with compensation where mis-selling is established.

​The RBI directions to banks include obtaining the customer’s explicit consent, ensuring product suitability for the customer before it is marketed, and giving a refund with compensation where mis-selling is established. by Soban News (international And National News)

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