FM Warns Banks Against Mis-selling of Insurance | Bancassurance Mis-selling

Mis-selling of financial products, especially insurance, is a growing concern in India. In this video, we break down what mis-selling is, its impact on consumers, and why government and regulators like IRDAI are stepping in to address the issue. Learn how mis-selling leads to financial stress, higher borrowing costs, and erosion of trust in the financial system. We'll also discuss insights from Finance Minister Nirmala Sitharaman and IRDAI Chairman Debasis Panda on this critical topic.

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📌 Topics Covered:

What is mis-selling?
Impact of mis-selling on consumers and the economy
Bancassurance: Opportunities and challenges
Government and regulatory efforts to curb mis-selling
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#Finance #Insurance #MisSelling #FinancialLiteracy #India