Consumer RightsExpense AccountFinancial LiteracyInvestmentsMoneyPersonal FinanceApril 13, 2021by Monika Halan2Sebi (not RBI) finds Yes Bank guilty of mis-selling AT1 Bonds to retail investors
Mis-selling by banks has been flagged, caught and proven multiple times in the past decade, but nothing other than half-hearted circulars have emerged from the Reserve Bank of India (RBI). For a regulator, that is also the central bank for a $3 trillion economy, busy with large issues like monetary policy and government debt, the consumer protection...