BUZZ — PB Fintech, banks tumble as India's insurance reform plan threatens distribution income
* Insurance broker PB Fintech dives 20%, among top losers, after India's insurance regulator proposes sharp curbs on commissions and distribution payouts * Top life insurers HDFC Life and ICICI Life Insurance also slump 6.7% and 4.5%, respectively * Max Financial tanks 11.5%; HDFC Bank slips 1.3%, Axis Bank drops 3.8%