Bank, financial stocks tumble as IRDAI flags high insurance payouts; Axis Bank, IDFC First Bank, Bajaj Finance tank
New Delhi, Sept. 24 -- Bank and financial services stocks cracked in trade on Thursday, 24 September, after bank-led insurance distribution have come under the regulator's scanner.The Insurance Regulatory and Development Authority of India (IRDAI) has questioned the current economics of bank-led in…