Saturday, December 13, 2025 | 12:59 PM ISTहिंदी में पढें

Home / Companies / Results / SBI Card and Payment Services Q4 profit slips 66% YoY to Rs 83.5 crore

SBI Card and Payment Services Q4 profit slips 66% YoY to Rs 83.5 crore

Gross non-performing assets (GNPA) improved by 43bps to 2.01 per cent, the company said.

This decade-old Sebi guideline is holding up much-awaited SBI Cards IPO

premium

The company has also declared interim dividend of Re 1 per equity share (10 per cent) of the face value of Rs 10 per equity share for the financial year 2019-20.

SI Reporter New Delhi

2 min read Last Updated : May 09 2020 | 11:26 AM IST

SBI Card and Payment Services posted on Friday a 66 per cent decline in its net profit at Rs 83.5 crore for the quarter ended March 2020 (Q4FY20). It had posted profit of Rs 248.7 crore in the year-ago quarter.

"The Covid-19 global pandemic has given rise to unprecedented challenges in the economic situation. The Government of India mandated a nation-wide “Lockdown” from March 25, 2020. To ease the financial burden, the RBI allowed institutions to extend a payment moratorium from March 01, 2020 to May 31, 2020 for its customers. SBI Card has also complied with RBI guidelines on the same,"

Topics : Coronavirus SBI Card