PB Fintech Q2 profit up 43%, CEO warns on Irdai rules
PB Fintech, the parent of Policybazaar and Paisabazaar, reported a 43 per cent year-on-year increase in consolidated net profit to Rs 192 to 193 crore for the September quarter (Q2 FY27), with…
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IRDAI eyes January start for insurance commission caps
India’s insurance regulator IRDAI is considering implementing proposed commission caps for distributors from 1 January 2027 or 1 April 2027, Girija Subramanian, a whole-time member at the regulator, told Bloomberg. The caps,…
Insurtech stocks plunge on IRDAI proposed commission caps
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…
PB Fintech plunges 36% as IRDAI caps hit, brokerages cut targets
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…
PB Fintech shares crash 36% on IRDAI commission cap proposal
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…
IRDAI proposes tighter expense limits and commission caps
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…
IRDAI proposal on insurance commissions routs bank and NBFC stocks
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%…
Employer health cover not enough for maternity needs, says expert
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…
Jefferies initiates buy on Turtlemint, shares jump 5%
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, Mehul Kothari recommend short-term stock picks
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,…
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Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.