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    Sitharaman Warns Banks Against Mis-Selling, Calls It a Violation Under Bharatiya Nyaya Sanhita

    Finance Minister Criticises Sale of Unnecessary Insurance Products by Banks New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, particularly insurance, and said such practices amount to a violation under the...
    • Karthik
    • Thread
    • banking system banks bharatiya nyaya sanhita customer protection deposit growth financial products insurance irdai liquidity management mis-selling of financial products nirmala sitharaman policy repo rate post-budget address regulatory guidelines reserve bank of india (rbi)
    • Replies: 0
    • Forum: Business
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    RBI Monitoring ₹590 Crore IDFC First Bank Fraud, Says No Systemic Risk: Governor Sanjay Malhotra

    RBI Assures Stability Amid IDFC First Bank Fraud Case New Delhi, February 23: The Reserve Bank of India has confirmed that it is closely monitoring developments surrounding the ₹590 crore fraud reported by IDFC First Bank, with Governor Sanjay Malhotra stating that there is no systemic issue...
    • Karthik
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    • bank supervision banking regulation chandigarh financial crime financial investigation fraud government accounts haryana government idfc first bank nirmala sitharaman post-budget address rbi reserve bank of india sanjay malhotra
    • Replies: 0
    • Forum: Business
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