PB Fintech share price could see 'near-term pain' - Bernstein explains after IRDAI draft paper

Shares of PB Fintech Ltd., could face some pain in the near-term, brokerage firm Bernstein wrote in its note on Thursday, September 24, after the insurance regulator IRDAI released its draft paper on distribution reforms.According to Bernstein, the cuts explained in the draft paper will hurt PB Fin…