New Delhi, Oct. 1 -- Shares of PB Fintech, the parent company of Policybazaar and Paisabazaar, crashed another 8% in Thursday's trade on October 1, reaching Rs.980 and falling back to levels last seen in February 2024, as market concerns over the proposed new insurance rules continued to weigh on the stock.

The stock remained in the headlines after the Insurance Regulatory and Development Authority of India (IRDAI), last week, proposed sweeping changes to insurance commission rules. The risk for insurance intermediaries had been lurking ever since the Insurance Amendment Bill, 2025, was passed in December.

Analysts flagged that the proposed commission cuts could hit the company's bottom line much harder than previously projected, prompt...