RBI Crackdown: Banks Can’t Force Insurance, Hidden Add-Ons Under New Mis-Selling Rules
New Delhi, June 16, 2026, 14:03 (IST). The Reserve Bank of India has tightened how banks and other regulated lenders sell financial products, moving to curb a problem familiar to many borrowers: being pushed into insurance, credit cards, investment products or add-on services they did not clearly ask for. The RBI said its final amendment directions on advertising, marketing and