The Economic Times

PB Fintech: A record debut in 2021, a record 31,400 crore wipeout & now the biggest storm the Gurugram co can face

PB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and distribution economics. PB Fintech shares plunged 36% on Thursday, wiping out more than 31,400 crore in market value, and remained volatile on Friday.