PB Fintech Shares: Bernstein Slashes Target Price 53% to ₹1,085 Amid IRDAI Commission-Cap Risk
Shares of PB Fintech, the parent company of Policybazaar, have come under intense selling pressure after the Insurance Regulatory and Development Authority of India (IRDAI) proposed sweeping changes to insurance distribution economics. The stock has fallen about 43% in four consecutive sessions, while brokerage firms have sharply reassessed their estimates for the company.
Bernstein has now slashed its target price for PB Fintech shares by 53%, reducing it from ₹2,310 to ₹1,085. How
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PB Fintech Shares: Bernstein Slashes Target Price 53% to ₹1,085 Amid IRDAI Commission-Cap Risk - Sep 30,2026
Apple Pay India Launch: Axis Bank Visa, Mastercard Cards Now Work on iPhone and Apple Watch - Sep 30,2026
Asian Games 2026: India to Face Sri Lanka, Pakistan Take on Bangladesh in Men’s Cricket Semifinals - Sep 29,2026
NSE Index Reshuffle: From Nifty 50 to Smallcap 250, Check All New Entries and Exits - Sep 29,2026
Asian Games 2026: Neeru Dhanda Wins Historic Trap Gold, India Bags Team Silver - Sep 29,2026
Apple Pay India Launch: Axis Bank Visa, Mastercard Cards Now Work on iPhone and Apple Watch - Sep 30,2026
Apple Pay has officially launched in India on September 30, bringing Apple’s contactless payment service to iPhone, iPad and Apple Watch users. At launch, eligible Axis Bank-issued Visa and Mastercard credit cards can be added to Apple Wallet and used for payments at supported stores, apps and websites. Apple says users can make payments without repeatedly entering card details, PINs or OTPs at checkout. The company has also partnered with several payment service providers and merchants to expand Apple Pay acceptance across India. Apple Pay India: Which Cards Are Supported? At launch, Apple Pay supports eligible Axis Bank Visa and Mastercard credit cards. Cards issued on India’s domestic RuPay network are not supported at launch. Reuters also reported that Apple has held discussions with other major Indian bank