PB Fintech shares extend losses, fall another 7% after commission changes spark concern

PB Fintech shares fell 7.4% to ₹1,118 on Friday, extending losses after plunging 36% in the previous session. The stock briefly rose 4% in early trade before turning negative as the broader market remained largely flat. Selling resumed after IRDAI proposed commission caps and other changes, raising concerns over Policybazaar’s revenue and earnings.