Latest Updates Around The World
Banks cannot resort to shady patterns such as fake countdown timers to force quick decisions, nor withdraw additional items such as products/services, charity payments or donations at the time of checkout from a platform, without user consent | Photo credit: The RBI on Wednesday issued comprehensive draft instructions on advertising, marketing and sale of financial […]
The total number of complaints registered under UFBP (Unfair Business Practices) has increased from 23,335 in 2023-24 to 26,667 in 2024-25. Misselling is a major problem in the insurance industry and insurers need to conduct a root cause analysis to identify the root causes, the Insurance Regulatory and Development Authority of India (IRDAI) said in […]
Mumbai: The Securities and Exchange Board of India (Sebi) on Monday started a new risk and return verification agency to check mis-selling of investment products. With digital audit trails, fewer bad buys and better data for monitoring, the Past Risk and Return Verification Agency (PaRRVA) would help investors and intermediaries operate on a level playing […]
