Page 6 - Sbi Cards

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

Stocks to Watch: Bajaj Finserv, NTPC, L&T, Titan, ITC, PNB, IRCTC, SBI Card

Apart from earnings candidates, auto and telecom stocks could be in focus on reports of chip shortage likely to linger for a longer period

Vaishali Parekh of Prabhudas Lilladher recommends buying SBI Cards, Colgate

The technical analysts recommends to buy and accumulate these stocks with stop loss at respective 200-DMAs

Carlyle sells 3.4% stake in SBI Cards in two separate block deals

As per NSE information, the two tranches of 16 million shares each got executed at around Rs 1,021 apiece

SBI Cards plunges 6% as 4% equity changes hands on Exchanges via block deal

According to a term sheet reviewed by Business Standard, CA Rover Holdings, a subsidiary of Carlyle, had put on the block 32 million shares on Tuesday in a price band of Rs 1,021-Rs 1,072.30 per share

Carlyle to divest 3.4% stake in SBI Cards, puts 32 mn shares in the block

Price band set at Rs 1,021-Rs 1,072.3 per share; At the lower end of the band, Carlyle will raise Rs 3,267.2 crore

ICICI Bank gained more than 1.3 million credit cards since December

ICICI Bank was been the biggest gainer in the December-June period

SBI Card raises Rs 500 cr by issuing bonds on private placement basis

SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore by issuing bonds on a private placement basis.

Sequential improvement in Q1 suggests investors can swipe for SBI Cards

Unless there is a strong third Covid wave, expect key financial parameters to improve

SBI Cards Q1 net down 22.5% YoY on higher provisions, lower interest income

Impairment losses and bad debts rose by 33 per cent YoY to Rs 645 crore

On the radar: Analysts expand coverage amid sharp stock market rally

200 firms of the BSE 500 universe are tracked by more brokerages than a year ago

SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore.

Ca Rover Holdings sells SBI Cards' shares worth about Rs 4,810 crore

Ca Rover Holdings on Friday sold shares of SBI Cards and Payment Services Ltd worth about Rs 4,811 crore through open market transactions on BSE and NSE.

SBI Cards declines 6% after nearly 7% equity changes hands via block deal

According to reports, US-based private equity (PE) firm Carlyle planned to offload 5.1 per cent stake in SBI Cards and Payment Services

PE major Carlyle to sell 5.1% stake in SBI Cards on Friday

A total of 48 million shares of the credit card company will be on offer in the range between Rs 1,002 to Rs 1,041.3 per share

SBI Cards raises Rs 500 crore by issuing bonds, allots 5,000 NCDs

The coupon on the bonds is 5.55 per cent per annum. The bonds have been allotted on June 14, 2021.

SBI Cards trades higher for fifth straight day; stock up 11% in a week

SBI Card's top management said that the Q4FY21 spending recovered to pre-Covid levels with a higher share of online spending (more than 50 per cent), which management expects to continue

SBI Cards and Payment Services raises Rs 455 crore by issuing bonds

SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 455 crore by issuing bonds

SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions

Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr

SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions

Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr