safeguards against mis-selling of thrid party financial products by banks

By:

MASKERI, UMESH P

Material type:

Mixed materialsPublication details: 2014Description: 166-172Subject(s):

BANKING

NLM classification:

332.1

In: CHARTERED SECRETARYMSummary: Banks offering services of wealth management, investment advisory and portfolio management are expsoed to reputational risks on account of mis-selling of products, conflict of interest, lack of knowledge and clarity about products, misrepresentation and frauds. The reserve bank of India recently undertook investigations and has formulated certain draft guidelines to prevent mis-selling of financial products by banks. These are explained in this article.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		44/2	Available		P15293

Banks offering services of wealth management, investment advisory and portfolio management are expsoed to reputational risks on account of mis-selling of products, conflict of interest, lack of knowledge and clarity about products, misrepresentation and frauds. The reserve bank of India recently undertook investigations and has formulated certain draft guidelines to prevent mis-selling of financial products by banks. These are explained in this article.

There are no comments on this title.

to post a comment.