Shares of PB Fintech and Turtlemint extended their sell-off for a second session on September 25, after the Insurance Regulatory and Development Authority of India (IRDAI) proposed new commission caps for insurance…
Policybazaar parent PB Fintech suffered its steepest single-day fall on Thursday, losing 36% and Rs 31,430 crore in market value after IRDAI proposed sweeping changes to distributor commissions. The stock hit a…
Shares of PB Fintech, the parent company of Policybazaar, crashed 36% to Rs 1,210 on the BSE on September 24, while Turtlemint hit its 20% lower circuit at Rs 109.10. The sell-off…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a phased reduction in expenses of management (EoM) limits and a return to product-level commission caps. Life insurers would need to…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed sweeping changes to insurance distribution rules that could slash commission income for banks, NBFCs and digital brokers by up to 90%…
Young couples planning a family should not rely solely on employer group health cover for maternity expenses, according to Sarbvir Singh, joint group chief executive of PB Fintech. Group policies are tied…
Shares of Turtlemint rose over 5% on Thursday after global brokerage Jefferies initiated coverage with a buy rating and a target price of Rs 190, a 37% upside from the previous close.…
Ajit Mishra of Religare Broking has recommended buying Mazagon Dock Shipbuilders, Oberoi Realty, and PB Fintech for the next one to two weeks. Mazagon Dock has a target price of Rs 2,790,…
PB Fintech is widening Paisabazaar beyond lending into mutual funds, bonds, fixed deposits and payments, Medianama reports from the company’s August 5 earnings call. A daily SIP platform is planned for August.…
