The Insurance Regulatory and Development Authority of India (IRDAI) has levied a fine of ₹5 crore on Policybazaar Insurance Brokers for multiple breaches of regulatory norms. These infractions include ...
Shares of the parent company, PB Fintech, fell as much as 2.5% after Indian policy aggregator Policybazaar was slapped with a ₹5 crore fine for multiple Insurance Act violations. According to an ...