#insurance-commission
Info Edge shares plunge 7% as bloodbath in PB Fintech shares wipes off Rs 1,809 crore from recruiter's stake. What lies ahead?
Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single session. The sell-off follows IRDAI's proposed overhaul of insurance distributor commission structures and crackdown on di…
Explained: What IRDAI’s proposed insurance commission caps mean for customers
IRDAI has proposed caps on insurance commissions paid to banks, brokers and agents. Here is what the changes mean for customers and distributors.
PB Fintech loses Rs 22,700 cr from market value as stock crashes 26% after IRDAI’s reform plans. What Citi and Jefferies are warning
PB Fintech shares plunged 26%, wiping out nearly Rs 22,703 crore from its market capitalisation after IRDAI proposed changes to insurance commission structures. Jefferies flagged risks to distributor earnings, while Citi warned of a potential sharp compressio…