New Delhi, Aug. 20 -- Aam Aadmi Party (AAP) MP Sanjay Singh on Tuesday submitted a Zero Hour Notice in the Rajya Sabha to discuss the widespread mis-selling of financial products by banks and the loss incurred by ordinary citizens.

Submitting the notice to the Secretary General of the Upper House of the Parliament, he wrote, "I rise to bring to the attention of this House a matter of grave concern, the widespread mis-selling of financial products by banks and the immense loss it is causing to ordinary citizens."

Giving the reasoning behind his request, the AAP MP cited a survey and claimed that most of the bank employees asked to sell the financial products do not know the differences between regular and direct mutual funds, and real an...