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RBI tightens rules to curb financial mis-selling by lenders
short by Jessica Rajan / on Tuesday, 16 June, 2026
The RBI on Monday introduced stricter rules to prevent mis-selling of financial products by banks and other lenders. The new framework prohibits deceptive marketing and digital design practices, known as "dark patterns," that can manipulate customer choices. Lenders and their agents must also follow tighter standards on disclosures, customer consent and sales conduct.
read more at Moneycontrol