PB Fintech shares tumble after new insurance bill

Business Dec 17, 2025

PB Fintech, the company behind Policybazaar, saw its shares drop nearly 9% in just two days, now sitting over 21% below its 52-week high.
The stock has also slipped 17% so far this year.

Why does it matter?

The fall comes after Parliament passed a new Insurance Bill that lets regulators cap commissions paid to agents—something that could hit PB Fintech's main business model.
Still, some analysts aren't too worried: Citi kept its "buy" rating and sees a possible 22% upside from current prices.

What else should you know?

Despite the market jitters, PB Fintech's recent numbers look strong: revenue jumped 184% last quarter and profits soared by nearly 59%.
A plurality of analysts remain positive about the company's long-term prospects even as the industry adapts to these new rules.