The draft amendment prohibits deceptive digital practices and compulsory bundling in product sales. Institutions must ensure explicit consent and compensate customers in cases of mis-selling.
The RBI has proposed new Responsible Business Conduct amendments requiring Rural Co-operative Banks to curb mis-selling, compulsory bundling, and deceptive digital practices. The draft Directions mandate explicit consent, product suitability checks, and customer compensation mechanisms.
Booking.com platform earning of commission income is not taxable in India since AO has failed to discharge the onus of establishing assessee having fixed place PE in India. Accordingly, final assessment order is liable to be set aside.
The draft directions require UCBs to obtain clear, unbundled customer consent before selling financial products. The move enhances customer autonomy and safeguards against unfair practices.
RBI’s 2026 draft amendments prohibit compulsory bundling, mis-selling, and deceptive digital design by Regional Rural Banks. The framework mandates explicit consent, transparency, and customer compensation safeguards.
The RBI proposes stricter norms prohibiting deceptive design practices, compulsory bundling, and mis-selling. LABs must ensure explicit consent and transparent disclosures.
RBIs draft 2026 amendment directions prohibit dark patterns, compulsory bundling and deceptive marketing by Payments Banks. The key takeaway is stronger customer consent and protection standards.
The draft Directions prohibit deceptive digital practices and compulsory bundling while mandating explicit consent. SFBs must refund and compensate customers in cases of mis-selling.
The RBI has proposed comprehensive amendments requiring banks to prevent mis-selling, compulsory bundling, and deceptive digital “dark patterns.” The draft Directions mandate explicit consent, suitability assessment, and customer compensation in cases of wrongful sales.
The draft Directions create a structured six-year composite Kisan Credit Card facility covering crop, allied and investment credit. RRBs must follow standardized norms for limit fixation and renewal.
