← Back to feedRead original →
VERIFIEDMint Markets·negative
IRDAI paper impact: Insurance stocks crash - PB Fintech, HDFC Life, ICICI Prudential, Turtlemint tanks - Check details
AI Summary
- ·Insurance stocks like HDFC Life and SBI Life fell on September 24.
- ·The decline followed a proposal by IRDAI for reforms.
- ·Reforms target management expense limits and commission structures to prevent mis-selling.