Festive fervour: Credit card spends zoom 54% over last year
“We are seeing a significant revival on ground, and shows that consumer spending is back, our range of festive offers on credit cards is not just about coming back with a bang but also about spurring India’s consumption story,” said Parag Rao, Group Head - Payments, Consumer Finance, Digital Banking, and IT, HDFC Bank.
Paytm rightfully worth less than $20 billion, says NYU valuation professorMapping out Paytm's financial pathway in a scenario in which it remains a dominant digital payments player for the next 10 years, Damodaran argues that even with favorable assumptions, a justifiable valuation of equity would be around $19.6 billion.
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