ET Wealth went undercover and found that bank executives continue to mis-sell insurance and other financial products.
"Balanced funds can offer better returns of around 1% per month in the form of dividends,” said the immaculately dressed, senior bank official. I had told him that I wish to invest Rs 10 lakh in a fixed deposit with monthly interest payouts. I wanted a safe option that could offer me assured returns, but the bank official believed a market-linked, risky product ..
