We’ve had issues with the way our banks sell us financial products. We swap stories at social dos about whose bank sold the bigger lemons. After experiencing one or two toxic products sold by banks, we’ve learned to stop the bank official mid-sentence and just stay with what we want. A joke did the WhatsApp round sometime back where a man runs into a bank, pulls out a gun and screams: “Just open an FD for me. I don’t want an insurance plan or a mutual fund. Just the FD.” We wonder how banks are able to get away with these pervasive sharp sales when there is a banking regulator in place. Well, you need to know that last week, the Reserve Bank of India (RBI) came out with a notification that will deal with this problem of mis-selling. You can read the notification here: http://bit.ly/1Qygiqr.