PB Fintech shares plunged 36% in the previous session following IRDAI’s proposal to curb ‘dark patterns’ on insurance websites. The proposed rules could also pressure insurance stocks by limiting insurers’ Expense of Management (EoM), potentially reducing spending on commissions and distribution while raising customer acquisition costs.
PB Fintech shares plunged 36% in the previous session following IRDAI’s proposal to curb ‘dark patterns’ on insurance websites. The proposed rules could also pressure insurance stocks by limiting insurers’ Expense of Management (EoM), potentially reducing spending on commissions and distribution while raising customer acquisition costs.
<iframe src="https://hindustansphere.com/embed/cluster/99c96f94c17349ce4e2b83eae2da1eb49245b14e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="PB Fintech shares rebound 4% after massive 36% crash. What are Jefferies, others saying?"></iframe>
