End of the road for forced #insurance with your home loans. RBI's new norms mandate refunds for mis-selling and explicitly ban deceptive bundling practices. Accountability is finally taking the front seat.
@RBI@DFS_India@FinMinIndia
@PSBPunch@RBI@DFS_India@FinMinIndia Now Banks will release an another Circular asking staff to not to mis-sell and another side they will force staff to sell l, sell and sell. In any day if a customer lodge a complaint against mis-selling then bank will put whole responsibility on the staff. Great RBI Great 👍