Noob here. The following are more of as questions, rather than statements ?
I will assume comparison between VISA/MasterCard and sbi cards to be apples to oranges comparison. If you see the revenue breakdown of VISA I think we will get a better picture of what kind of company VISA is.
Should be AMEX be better comparison, if you are comparing global peers ?
Also I like to think market values SBI cards something similar to Lenders.
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