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RBI's draft rules on bundling and consent could dent credit life insurance and bancassurance income, though insurers say overall impact will be limited
 "RBI, Reserve Bank of India")
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Aathira VarierSubrata Panda Mumbai
The proposed regulations by the Reserve Bank of India (RBI) on the mis-selling of financial products by banks could potentially have a sizable impact on life insurance companies’ credit life business, which is typically bundled with credit products such as home loans and microfinance loans, experts have said.
