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Some banks are activating Govt insurance policies without consent
short by Mohul / on Friday, 29 March, 2024
Banks are reportedly defrauding customers by enrolling them without consent in the Indian government's insurance schemes. Complaints have surfaced nationwide regarding unauthorized withdrawals for schemes like PMJJBY and PMSBY. These low-premium schemes aim to provide financial security to the poor, yet some bank employees are allegedly fabricating data to meet enrollment targets.
read more at Trak.in