VERIFIEDET Finance·24 Sept 2026negative

Irdai commission curbs spark sharp selloff in insurers, banks and NBFCs

AI Summary

·Shares of insurers, banks, and NBFCs dropped sharply due to proposed commission caps by Irdai.
·PB Fintech and Max Financial Services saw significant declines in their stock prices.
·Analysts suggest potential negative impacts on banks and NBFCs from the commission structure changes.