PB Fintech shares drop 48% over six sessions amid insurance commission rule concerns

Shares of PB Fintech crashed another 8% to ₹980 on October 1, 2026, extending their losing streak to six straight sessions and falling 48% overall.

The sell-off was driven by market concerns over proposed insurance commission rules by IRDAI that could impact the company's earnings.

The crash resulted in a cumulative notional loss of approximately ₹11,726 crore for 37 mutual funds that held a 28.32% stake at the end of June.