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PB Fintech flags revenue risks from IRDAI proposal after shares plunge

6 sources · first seen 13:37 24 Sept · updated 13:15 25 Sept

The brief

Written from 6 reports · check the source before you trade
  • PB Fintech shares plunged 36% after IRDAI proposed changes to insurance distribution economics
  • The stock lost about 40% in two sessions, while analysts flagged possible further downside
  • The proposal threatens Policybazaar’s insurance-distribution revenue and weighs on PB Fintech shares

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PB Fintech₹1,166.00 · 7 todayIRDAI14 todayInsurance distribution12 todayInsurance19 todayFintech and payments10 today

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Part of a developing story92 updates over 5 days

IRDAI's proposed insurance distribution reforms

IRDAI proposed phased cuts to insurers’ expense limits, commission caps and a ban on compulsory insurance bundling with loans. The proposals prompted debate over premiums, mis-selling and distributor payouts, while reports highlighted possible earnings risks for PB Fintech.

Thursday, 24 September

  1. IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your money
  2. 2 sources
    PB Fintech shares plunge as IRDAI draft threatens a key customer-acquisition channel
  3. 4 sources
    IRDAI commission caps may cut insurance income at banks and NBFCs
  4. 6 sourcesYou are here
    PB Fintech flags revenue risks from IRDAI proposal after shares plunge
  5. Insurance overhaul: How will new proposal impact?
  6. 2 sources
    PB Fintech plunges 28% to 35%, erasing ₹30,000 crore in market value
  7. India's insurance overhaul: Why IRDAI wants sweeping changes

See all 92 updates →

Read the reports

7 reports · earliest 13:37
MoneycontrolPB Fintech shares crash 36% to hit 18-month low on IRDAI's proposals; should you buy, sell or hold?13:37CNBC-TV18PB Fintech flags revenue hit, calls IRDAI paper ‘quite extreme’ after 36% stock crash16:57ET NowPB Fintech share price: Insurance stock in focus after 36% crash; Brokerages flag further downside on IRDAI move07:54MoneycontrolPB Fintech shares crash another 7% today, extend yesterday's 36% fall as regulatory worries persist09:22Economic TimesPB Fintech shares slip another 5% after massive 36% crash on Thursday. What are Jefferies, others saying?09:27MintPB Fintech shares slump 40% in two sessions| What Jefferies, Morgan Stanley, BofA say on the stock09:49Fortune IndiaPB Fintech shares fall 4.5% after 36% crash; brokerages see 46% earnings risk13:15