RBI’s proposed norms for the sale of financial products could impact fee income for banks

A senior banker underlined that the RBI’s proposal could impact larger banks, which have a large CASA (current account, savings account) base and have built up the ability to aggressively sell third-party products | Photo credit: REUTERS/AJAY VERMA Banks may become more cautious in selling third-party products if the draft instructions for advertising, marketing and […]