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Don’t miss the latest developments in business and finance.
Sebi proposes measures to curb mis-selling in alternate investment funds
Under the recommendations, commission to be charged on trail basis
No question of mis-selling, sales team doesn't have rights: Byju's to NCPCR
Says that by design, every sale is unapproved until it is verified by a triple-layered audit mechanism that reaches out to the interested customer through SMS, audio and video calls
AT-1 bond mis-selling case: SAT gives interim relief to YES Bank
In April, Sebi had slapped a penalty of Rs 25 crore on it and 3 executives
Best of BS Opinion: The mis-selling menace, Covid-19 vaccination, and more
Here's a selection of Business Standard opinion pieces for the day
The mis-selling menace
Sebi order on AT-1 bonds is in the right direction
Mis-selling, dividend tax change spur outflows from hybrid funds
Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows
Only knowledge of the product can protect you against mis-selling
It's important to question the intermediary so that you know more about the product
Mis-selling: You are on your own
While regulators are trying to do their bit, the onus is on you to prove it