💨 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 🤖