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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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