New ways to get PSU bank officials to sell pvt sector products under scanner
India, Dec. 11 -- New Delhi After the government banned direct payment of commissions to employees of public sector banks (PSBs) for pushing third-party products such as insurance policies and mutual funds to existing customers, business associates of banks are now offering incentives such as junkets to encouraging cross-selling, three persons with direct knowledge of the matter said, requesting anonymity....
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