Macro Finance
PB Fintech, Turtlemint Shares Extend Slump as Outlook Worsens
Bloomberg Markets·September 25, 2026·1 min read
Shares of India's online insurance sellers PB Fintech and Turtlemint extended their slump on Friday as analysts pared earnings expectations after the industry regulator proposed capping commissions and management expenses. The proposal threatens profit margins, prompting a selloff in the sector.
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