According to a report by the Australian bank, going by SBI Card’s valuation, Citi’s 2.7 million cards would imply a figure of $2.7 billion. “This is above the top end of our valuation… To the the extent that a single buyer is able to purchase multiple businesses at once, we would expect some sort of valuation discount in order to expedite Citi’s exit,” the report said.source https://economictimes.indiatimes.com/industry/banking/finance/banking/citi-indias-2-billion-retail-business-worth-tops-in-asia-report/articleshow/82227838.cms
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