Draft guidelines issued this week by India’s central bank aim to restrain banks from mis-hawking financial products. But they ...

Banks should refrain from placing any incentives which may lead to mis-selling of any product or service, the Reserve Bank ...

RBI proposes banning incentives to bank staff from third parties, mandates refunds for mis-selling and bars use of dark patterns in marketing financial products ...

RBI proposes ending incentive structures at banks to curb mis-selling of financial products. New rules on consent, bundling, ...

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India, Feb. 17 -- Recently, the Reserve Bank of India (RBI) issued detailed draft guidelines on mis-selling financial products. The focus was largely on insurance products that were bundled with loans ...