Page 2 - Sbi Cards

Lounge access, 5 per cent cashback: perks of new Tata Neu SBI card

Card offers various schemes to people who frequently use Tata group companies' products and services

SBI Card reduces reward points on SimplyCLICK and other credit cards

New rules apply to customers of SimplyCLICK SBI Card, Air India SBI Platinum Credit Card and Air India SBI Signature Credit Card

Credit card spending rises by 10.8% to Rs 1.84 trn in Jan 2025: RBI data

Per card spending in the industry stood at Rs 16,910, up 1.09 per cent from the same period last year

SBI Card declares ₹2.5 interim dividend, appoints Salila Pande as MD & CEO

SBI Cards and Payment Services on Monday said its board has appointed Salila Pande as the Managing Director & CEO with effect from April 1, 2025. The appointment of Pande, who has been nominated by State Bank of India, will be for a period of two years, SBI Card said in a filing to the BSE. The board has approved the appointment of Pande pursuant to the superannuation of Abhijit Chakravorty from the services of State Bank of India from March 31, 2025, it said. Pande is a Chief General Manager at the State Bank of India. She is a career banker and had joined the SBI in 1995 as a probationary officer, and has been with the country's largest banking group since then. Pande is a post graduate in physics, a Certified Financial Risk Manager (FRM by GARP, USA) and a Certified Associate of the Indian Institute of Bankers. Shares of SBI Cards and Payment Services Ltd closed at Rs 853.75, down 0.56 per cent over previous close on the BSE.

SBI Card's credit costs pinch Q3 earnings; analysts in wait-and-watch mode

SBI Card share price: SBI Card's profitability was tepid in Q3FY25, driven by elevated credit costs, subdued margins, weak revolving mix, regulatory headwinds on fee income, and rising delinquencies

SBI Card Q3 results: Net profit falls 30% to Rs 383 crore, revenue flat

Profit after tax fell 30 per cent to Rs 383 crore ($44.3 million) for the three months ended Dec. 31, compared to analysts' average expectations of Rs 459 crore

Brokerages bullish on SBI Card on hopes of credit cost moderation

Credit cost of the company rose to as high as 9 per cent in Q2FY25 from 5.6 per cent in Q3FY23

Nomura, Nuvama say 'Buy' SBI Card shares; upgrade stock on these reasons

SBI Card share price: Nomura and Nuvama Institutional Equities have upgraded SBI Card share to 'Buy' from 'Reduce'

Jigar S Patel of Anand Rathi suggests buying these stocks on September 23

Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.

Higher credit costs may impact growth of SBI Cards and Payment Services

SBI Cards and Payment Services, the only listed pure-play card issuer, saw weak growth at 3.5 per cent Y-o-Y in July

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs

Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.

SBI Card, Laxmi Organic and GAEL among top bets by Jigar S Patel for today

Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.

SBI Card rallies 6% in weak market; hits 11-month high on positive outlook

The stock rallied 6 per cent to Rs 811.85 and was trading at its highest level since October 2023.

SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

Stocks To Watch Today, Aug 28: SBI Cards, Wipro, Vi, Jio Fin, Orient Tech

At 6:52 AM, GIFT Nifty Futures fell 10 points, trading at 25,008, indicating a flat to negative start for Indian markets.

SBI Card, Usha Martin: These 3 stocks crossed 200-DMA; what to expect next?

SBI Card stock is seen trading above its 200-DMA after one month. Technical chart shows, the stock can potentially rally up 15% from present level; read details here

Jigar S Patel of Anand Rathi recommends buying these three stocks today

True to this pattern, Tata Consumer has recently shown a decisive breakout, marked by substantial trading volume.

MF reclassification ahead: Hero Moto, SBI Card in focus; key levels here

As per reports seven stocks are likely to witness a switch from largecap to midcap classification and vice versa; here's what the chart suggests for select five stocks.

SBI Cards & Payment Services Ltd up for third consecutive session

SBI Cards & Payment Services Ltd is quoting at Rs 718.25, up 2.07% on the day as on 12:49 IST on the NSE. The stock is down 21.52% in last one year as compared to a 24.64% jump in NIFTY and a 14.23% jump in the Nifty Financial Services index.

Street disappointed with SBI Cards & Payment Services' Q4 performance

Spending growth decelerated by 18 per cent Q-o-Q, as corporate spending declined 35 per cent Y-o-Y due to the impact of the recent RBI guidelines