PolicyInc42about 2 hours ago
PB Fintech Shares Plunge 48% on IRDAI Rules
3 min read
PB Fintech shares hit a fresh 52-week low of ₹928.10, dropping 48% since September 23 due to proposed IRDAI insurance overhaul rules. The company's market cap fell from $9.07 Bn to $4.53 Bn. CEO Yashish Dahiya stated the firm is in informal discussions with the regulator regarding restructuring its PoSP model and potentially charging for claims support.
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