India's PB Fintech drops on report proposed insurance bill will cap agent commissions
16/12/2025 07:36
** PB Fintech PBFI.NS falls 5.6% to 1,818 rupees ** Proposed Insurance Bill 2025 will empower Insurance Regulatory and Development Authority to cap agent commissions through regulations, tightening oversight on payouts and disclosures, NDTV Profit reports citing sources ** PB Fintech operates insurance broker platform Policybazaar, which offers insurance plans from insurers to buyers ** Insurance broker services segment comprised more than 88% of co's consol revenue for September quarter ** Trading vols in line with 30-day average at 1.4 mln shares ** YTD, PBFI down ~14% (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
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