SBI Card: Puzzling investors’ fancy for cards biz
High credit cost for four successive quarters and the fall in fee and other revenue are major challenges for SBI Card ...
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SBI Cards Headed For A Tough Year As Profitability Likely To Remain Under Pressure, Says Nomura
The brokerage maintained a 'reduce' rating on the stock, and slashed the target price to Rs 625 per share from Rs 700, ...
SBI Card Q2 results: PAT drops 33% to Rs 404 cr as bad loan provisions rise
SBI Card, backed by India's largest lender State Bank of India, said that write-offs and provisions for bad loans jumped 63 ...
SBI Cards Q2 Results: Net profit drops 33% YoY to ₹404 crore as provisions surge
SBI Cards reported Q2FY25 total income of ₹4,556 crore, an 8% rise year-on-year. Interest income surged 20%, but profit after ...
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SBI Card, ICICI Bank Credit Card Users Alert! Big changes in reward point rules, charges – Details
SBI Card users should be aware of new rules effective November 1, 2024, including a 1% extra charge on utility bill payments ...
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How credit cards and the 'luxury' lifestyle are making India's youth impoverished | ABP Paisa Live
Just 13.4% of working adults do not have a loan, according to a BankBazaar poll. This percentage was 19 percent in 2022. Additionally, a large number of working people have taken out loans of some ...
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SBI Cards Q2 Results: Net Profit Down 33%, Total Income Up 8%
Shares of SBI Cards spiked on the bourses after the second quarter results were declared. The scrip peaked 5.2% to trade at ...
Rise in delinquencies: Banks buckle up, go slow on issuing new credit cards
“New cards issuance was majorly led by HDFC Bank and SBI Cards. However, net new card additions are expected to slow down in ...
SBI Cards falls 3% on weak Q2 results, brokerages downgrade stock, warn of tough FY25 ahead
Majority of brokerages reduced their outlook on the counter, slashing target prices, seeing difficult remainder of the year ...
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SBI ATM Card Charges: How Much Are You Really Paying?
However, various charges apply to SBI cards depending on the type and usage, and they can add up over time. Knowing about ...
SBI Card Q2 results: Net profit falls 33% to Rs 404 crore
SBI Cards and Payment Services Ltd on October 29 reported 33% decrease in net profit at Rs 404 crore for the quarter ended September 30, 2024. It reported net profit of Rs 603 crore in the year-ago ...