PB Fintech Leads Slump in India Insurance Stocks on Fee Cap Plan
PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country’s insurance regulator proposed caps on commissions and tighter management expenses.

<p>PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country’s insurance regulator proposed caps on commissions and tighter management expenses.</p>