Monday, 28 September 2026Updated 3m ago
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Market move▼ Bearish for PB Fintech

Should you buy PB Fintech, Turtlemint after nearly 40% crash in two days?

1 source · first seen 22:16 26 Sept · updated 22:16 26 Sept

The brief

Written from 1 report · check the source before you trade
  • Seven of 11 listed insurance companies fell 1-8%
  • The declines erased about ₹9,800 crore in market capitalisation after IRDAI’s proposals
  • IRDAI proposals and sector declines expose PB Fintech and other listed insurance companies

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PB Fintech₹1,166.00 · 7 todayTurtlemint0 todayIRDAI13 todayInsurance distribution11 todayInsurance18 today

Linked by the tag Turtlemint

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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.

Sunday, 27 September

  1. Insurance reforms aim to cut costs, widen access: IRDAI chairman Ajay Seth
  2. Insurance commission cuts: Will lower payouts make policies cheaper—or simply hurt distributors?

Saturday, 26 September

  1. IRDAI's new insurance rules proposal: Profits built on tears of policyholders are bad for country, says Monika Halan
  2. You are here
    Should you buy PB Fintech, Turtlemint after nearly 40% crash in two days?
  3. A much-needed course correction
  4. New-Age Tech Stocks: Insurtech Sell-Off Drags Combined M-Cap Down By $3.6 Bn This Week
  5. Insurance commissions grew up to 6 times faster than premiums: What IRDAI wants to change

See all 92 updates →

Read the reports

1 report · earliest 22:16
Business LineShould you buy PB Fintech, Turtlemint after nearly 40% crash in two days?22:16