Common types of mis-selling Misrepresenting insurance as fixed deposits: Bank relationship managers often market insurance ... “Borrowers feel they have no choice but to buy,” says S. K. Raghav, ...
At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. Often, consumers buy an insurance product after ...
In comments that come a day after Finance Minister Nirmala Sitharaman also made similar suggestions, Panda said the bancassurance channel is very useful in deepening the reach of insurance in the ...