Monday, 28 September 2026Updated 5m ago
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Market move▼ Strongly bearish for PB Fintech

PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr

1 source · first seen 17:23 28 Sept · updated 17:23 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Turtlemint and PB Fintech lost over ₹35,705 Cr in cumulative market capitalisation
  • PB Fintech shed over ₹34K Cr in market cap in three sessions; Turtlemint lost ₹1,549 Cr
  • Sharp losses expose PB Fintech shareholders and weigh on sentiment toward Indian fintech stocks

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PB Fintech₹1,166.00 · 11 todayTurtlemint2 todayFintech and payments22 today

Linked by the tag Turtlemint

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Part of a developing story95 updates over 6 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, aiming to improve consumer safeguards and curb mis-selling. The proposals triggered sharp falls in insurance-related stocks, while analysts assessed the potential impact on insurers and distributors.

Monday, 28 September

  1. You are here
    PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr
  2. IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test
  3. Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?
  4. PB Fintech: the risk was known. Investors chased the stock anyway
  5. PB Fintech shares: Macquarie target on battered stock hints at 67% upside
  6. PB Fintech Faces 38% FY30 Profit Hit Under 'Max Pain' Scenario; Bernstein Still Sees 91% Upside
  7. 4 sources
    Bernstein keeps Outperform on PB Fintech, sets ₹2,310 target after sharp sell-off

See all 95 updates →

Read the reports

1 report · earliest 17:23
Inc42PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr17:23