Guard Yourself against Mis-selling by Banks
Sucheta Dalal, Debashis Basu  and  Jason Monteiro 12 June 2015

8 lessons on the ‘suitability’ of financial products from our survey. Watch out for these, the next time your banker makes you a sales pitch

 
M Gopalan, 71, went to a private bank to withdraw some funds for his son. He was immediately subjected to investment advice. “Why don’t I come home and tell you where to invest your money more productively,” offered a bank official. 
 
Mr Gopalan was...
Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
SINGLE ARTICLE
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
 
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback