What customers must do Lodge mis-selling complaints with the bank as per the relevant financial sector regulator’s timelines or within 30 days of receiving the signed agreement. Note: These are draft ...

When Lamb of God announced their new album, Into Oblivion, last month, one of the first things fans noticed was a dramatic change to the band’s longtime logo on the cover artwork. Frontman Randy ...

Over the past few years, concerns have been raised about customers being pushed into buying insurance, mutual funds or other third-party products without fully understanding them. No forced bundling ...

The Reserve Bank of India (RBI) is stepping up consumer protection by proposing that banks refund the full amount to customers if a product or service is mis-sold. Under the draft Commercial Banks – ...

MUMBAI: Reserve Bank of India (RBI) has sharply tightened the definition of mis-selling, removing one of the biggest defences used by banks and insurance companies that the customer had explicitly ...

In a move aimed at curbing mis-selling, the Reserve Bank of India (RBI) on Wednesday proposed that banks and other regulated entities should obtain explicit customer consent before offering any ...

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 ...

The RBI has defined explicit consent as a specific, informed and unambiguous indication of agreement, which must be recorded by the bank.(Reuters) Mumbai: India’s central bank has moved to redraw the ...

BMW Alpina has a new badge that retains the mechanical components seen on the original but ditches the red-and-blue shield. BMW purchased the German tuner in 2022 and is gearing up to relaunch the ...