SBI Cards records sharpest intra-day gain in over 4 months, surges 5%

Earlier, on July 21, 2020, the stock had gained 6.2 per cent in intra-day trade, exchange data shows.

Shares of SBI Cards and Payment Services (SBI Cards) recorded their sharpest intra-day gain in over past four months, with the stock ralliying 5.2 per cent to Rs 838.20 on the BSE on Thursday. Earlier, on July 21, 2020, the stock had gained 6.2 per cent in intra-day trade, the exchange data shows.

Today, in an exchange notification, HDFC Bank said, the Reserve Bank of India (RBI) has advised it to temporarily stop all launches of the digital business generating activities planned under its program ‐ Digital 2.0 and other proposed business generating IT applications, and sourcing of new