💨 Abstract
The article discusses the growth of India's fintech sector, particularly focusing on Paytm and SBI Cards. Bernstein has set a target price of Rs 1100 for Paytm using a P/E multiple-based approach, but highlights potential risks such as a slowdown in loan disbursals, headwinds in the payments segment, and a slowdown in consumer credit growth.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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