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RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr

Finance & Economics

23 Feb 2026 22:13 PM 126 views

RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr

Finance & Economics

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#customerprotection

RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

China and India May Resume Direct Flights After 5 Years, Mark 75 Years of Diplomatic Relations

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China and India May Resume Direct Flights After 5 Years, Mark 75 Years of Diplomatic Relations

Valerie Mahaffey, known for Desperate Housewives and Young Sheldon, passes away

Kenya plane crash kills 12 near Kwale County as aircraft bursts into flames

CSU forecasts below-average 2026 Atlantic hurricane season outlook

Maldives President Muizzu Breaks record with 15-hour Press Meet

Byju Raveendran Expresses Willingness to Repay Lenders Amid Insolvency Proceedings

Houston Dynamo FC Lose 4-1 to Tigres UANL in Opening Match of 2025 Leagues Cup

Budget 2026: Jewellery industry seeks GST cut, duty relief and simpler tax rules

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Keurig recalls over 80,000 decaf coffee pods that may contain caffeine

#customerprotection

RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

RBI and Nirmala Sitharaman Target Mis-selling in Banking Sector with New Guidelines

China and India May Resume Direct Flights After 5 Years, Mark 75 Years of Diplomatic Relations

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Kenya plane crash kills 12 near Kwale County as aircraft bursts into flames

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