BusinessPolicy Bazaar Stock Drops Over 35% in One Day Amid IRDAI Draft Impact
Policy Bazaar's stock plunged more than 35% in a single day following the release of an IRDAI draft proposal affecting insurance shares. The sharp decline wiped out around ₹27,000 crore from the company's market capitalization. The fall was triggered by investor concerns over potential commission cuts for agents and stricter regulations, with warnings from industry figures including Zerodha's founder.
Aaj Tak·1d ago



