Info Edge Loses Rs 4,100 Crore in PB Fintech After IRDAI Move
Info Edge suffered a loss of Rs 4,100 crore in PB Fintech following a regulatory shock from IRDAI. The insurance regulator's recent overhaul, including capping product-wise commissions, has spooked investors, causing PB Fintech shares to drop 5% after a 36% fall the previous day. This reflects broader challenges in the insurance sector and impacts investor confidence.
etnownews.com·1d ago




