Indian Insurance and Bank Stocks Tumble on Fee Cap Proposal
PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country’s insurance regulator proposed caps on commissions and tighter management expenses. PB Fintech plunged by a record 30%, its worst day …
We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.