12-February-2026
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Markets and Finance
 
Mis-selling crackdown – RBI mandates 100% refund if your bank mis-sold you a policy
12-Feb-2026

Bought an insurance policy you didn’t ask for? The Reserve Bank of India is finally stepping in with its new draft guidelines which could fundamentally change how banks are allowed to sell financial products to you. Here’s everything you need to know about what’s changing from July 1, 2026, and what it means for your money.

News Source:- https://www.financialexpress.com/money/rbis-new-rules-to-stop-banks-from-mis-selling-full-amount-will-be-refunded-4139336/?ref=personalfinance_hp
 
 
 
 
 

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