Yes Amit, that is correct.
- For credit cards, it could tie up with a bank to issue co-branded credit cards.
- For BNPL / micro credit / loans to partners – it already had set up an NBFC called Zomato Financial Services Limited. Now, I am not aware if all the regulatory approvals to start lending money have been obtained or not. Management commentary on this should help us understand better.
Cannot comment on the PBT increase before we see what kind of traction it can actually build using the PA license.
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