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Nithin Kamath flags regulatory risk for broking and other financial businesses

2 sources · first seen 18:41 24 Sept · updated 19:51 24 Sept

The brief

Written from 2 reports · check the source before you trade
  • Zerodha co-founder Nithin Kamath called **regulatory risk** the biggest threat to regulated financial businesses
  • He cited IRDAI’s proposed changes to insurance commissions and distribution
  • Regulatory uncertainty matters to Indian brokers and other regulated financial firms

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Stockbrokers7 todayIRDAI14 todayInsurance distribution12 todayInsurance19 todayDinesh Pant9 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. PB Fintech forced to rethink business plan as India insurance commissions cap comes as a major shocker
  2. 3 sources
    Proposed IRDAI distribution reforms could reshape insurance business models
  3. Insurance distributors bleed as Irdai proposes sharp commission cuts
  4. 2 sourcesYou are here
    Nithin Kamath flags regulatory risk for broking and other financial businesses
  5. IRDAI's insurance distribution overhaul: What commission caps, dark patterns and MIIs mean for policyholders
  6. PB Fintech, Turtlemint hit hard as Irdai commission overhaul pressures business models
  7. [Update] PB Fintech Crashes 36%, Turtlemint 20% On IRDAI Commission Cap Plan

See all 92 updates →

Read the reports

2 reports · earliest 18:41
CNBC-TV18IRDAI paper puts regulatory risk in focus as Nithin Kamath warns what it can do to businesses18:41Economic TimesWhat Nithin Kamath sees as the biggest risk for broking after Irdai shock19:51