Financial Hard-Sell: Trust destruction

Selling of wrong products

After the crash of 2008, there was a massive exodus of investors from capital market-based products. It was subsequently revealed that the worst of value destroying and toxic products were hard-sold by banks and market intermediaries to gullible investors. Debt funds are touted as being safe—as fixed deposits with tax benefits to boot. Investors are not informed about...

Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
Already a subscriber ? Log in
Free Helpline
Legal Credit