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News 2026-09-24 08:49 UTC

PB Fintech leads slump in insurance stocks on IRDAI's fee cap plan

Mumbai, Sept. 24 -- PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country's insurance regulator proposed caps on commissions and tighter management expenses.PB Fintech plunged by a record 23%, its worst day since its November 20…