The Economic Times

PB Fintech forced to rethink business plan as India insurance commissions cap comes as a major shocker

Proposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The company anticipates a potential reduction in income from general insurance to 33-40% of current levels. As a response, PB Fintech plans to enhance cost control measures and shift its focus toward profitability.