Jefferies noted that Irdai's proposed changes could have a "material adverse impact on PB Fintech's near-term earnings".
PB Fintech may explore new business options after Irdai commission cuts
Irdai's draft distribution norms could put insurance volumes at risk
Irdai's distribution reforms may disrupt insurance growth in near term
Regulatory Risk PB Fintech faces up to 46% earnings risk from Irdai's draft rules: Analysts
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