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by ET Bureau • Published May 29, 2025 at 06:47 PM
Policy
Rules planned to curb mis-selling of products by banks and NBFCs
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The Reserve Bank of India (RBI) will soon introduce regulations to prevent mis-selling of financial products by banks and NBFCs, aiming to protect consumers. Additionally, the RBI is developing a system to monitor banks' compliance and address rising complaints related to loans and digital banking in FY25.
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