VERIFIEDEconomic Times News·9 Oct 2026negative

Nomura becomes latest brokerage to cut PB Fintech share price target by 31%

AI Summary

·Nomura reduced PB Fintech's target price by 31% to Rs 1,100.
·The reduction follows proposed IRDAI curbs on insurance website practices and commissions.
·Nomura also lowered earnings estimates for the company.