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Consumer Panel Orders SBI Life to Refund ₹4 Lakh in FD Mis-selling Case
Western Singhbhum, 15 December (Udaipur Kiran) – The District Consumer Disputes Redressal Commission has ruled against SBI Life Insurance Limited in a case involving mis-selling of insurance by falsely presenting it as a fixed deposit (FD). The commission declared the act as unfair trade practice and directed the company to refund the full amount to the consumer along with compensation. The case, registered under CC No. 26/2024, was filed by Lak…
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Consumer Panel Orders SBI Life to Refund ₹4 Lakh in FD Mis-selling Case
Western Singhbhum, 15 December (Udaipur Kiran) – The District Consumer Disputes Redressal Commission has ruled against SBI Life Insurance Limited in a case involving mis-selling of insurance by falsely presenting it as a fixed deposit (FD). The commission declared the act as unfair trade practice and directed the company to refund the full amount to the consumer along with compensation. The case, registered under CC No. 26/2024, was filed by Lak…
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