Regulatory & Legal
NewsData.io24 Sept 2026, 11:27 am ISTDelayed
PB Fintech shares drop following IRDAI proposal
What happened
- PB Fintech shares fell 36% after the insurance regulator (IRDAI) proposed changes to insurance distribution rules.
- The company stated the proposals are extreme and could impact revenue and agent commissions.
- The regulator's draft includes rules on commission limits and transparency.
Key terms explained
Financial terms from this story, in everyday words.
- IRDAI
- The government body that regulates the insurance industry in India.
Original source
NewsData.io
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