Analysts are bullish on the credit card business of SBI Card given the fact that there is strong revenue growth led by rising and underpenetrated payment play.

Less than 5 percent of the population works or have a credit card. So there is risk-reward of the business which is seen in superior returns profile given the fact that return on equity (RoE) is expected to be north of 25 percent over the next 2-3 years.

The benefit of strong parentage play helps in lowering the origination risk over there.

A niche play, highly profitable and strong growth will always have the highest valuations commanding.

CNBC-TV18's Abhishek Kothari gives details; watch the video for more

(Edited by : Ajay Vaishnav)