Insurance “Mandatory” With Loans? Finance Minister Warns Banks; RBI Draft Tightens Sales Rules

Insurance “Mandatory” With Loans? Finance Minister Warns Banks; RBI Draft Tightens Sales Rules

Home-loan borrowers often hear “insurance is mandatory” right before disbursal. Here’s what was said publicly in Feb 2026, what RBI’s draft rules target, and the exact questions borrowers should ask before signing add-ons.

Insurance “Mandatory” With Loans? Finance Minister Warns Banks; RBI Draft Tightens Sales Rules Read More »