SBI asks field functionaries to desist from mis-selling of insurance products

The bank asked the field functionaries to ensure that the branches conduct need-based selling of insurance products with strict compliance to the Assessment of Suitability and Appropriateness Framework (ASAF) and sourcing of business is undertaken for 100 per cent KYC compliant accounts.

from Banking/Finance-Industry-Economic Times https://ift.tt/MZHDvWm