#financialsector
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
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
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind
Rishi Sunak returns to banking as senior adviser after UK political exit
Former United Kingdom Prime Minister Rishi Sunak is returning to the private financial sector as a senior adviser, approximately one year after his political party faced a significant defeat in the national elections. His new role comes as part of a strategic move to leverage his political and economic expertise in the business world. Sunak, who continues to serve as a Member of Parliament, will be advising on a range of global economic and political issues. His responsibilities w
Rishi Sunak returns to banking as senior adviser after UK political exit
Former United Kingdom Prime Minister Rishi Sunak is returning to the private financial sector as a senior adviser, approximately one year after his political party faced a significant defeat in the national elections. His new role comes as part of a strategic move to leverage his political and economic expertise in the business world. Sunak, who continues to serve as a Member of Parliament, will be advising on a range of global economic and political issues. His responsibilities w









