Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?
- Insurance stocks including PB Fintech, ICICI Lombard, HDFC Life and SBI Life faced selling pressure
- Proposed IRDAI distribution reforms were cited as a trigger
- Distribution reforms and share-price pressure put insurers and PB Fintech investors on alert