Page 7 - Sbi Cards

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

SBI Card trades higher for third straight day; stock up 8% on heavy volumes

In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021

SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?

Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index

SBI Card sees over 50% transaction from online payments, says CEO

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up

USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore

The company acquired 26 per cent stake in SBI Cards from the GE group for Rs 2,000 crore in 2017.

CA Rover Holdings sells 4.25% stake in SBI Cards for Rs 3,943 cr

CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open market transaction.

Bears rule D-St for 4th day; Sensex tanks 562 pts in broad-based sell-off

All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent

SBI Card dips 4% after over 40 million shares change hands via block deal

At 09:15 am, around 41.89 million equity shares, representing 4.5 per cent of total equity of SBI Cards and Payment Services, changed hands on the counter on the BSE, exchange data shows

Carlyle to sell 4% stake in SBI Cards

The shares are being offered in a range between Rs 981.8 and Rs 1,022 apiece

SBI Cards gets board approval to raise up to Rs 2,000 cr via bonds

The company said it will raise the money in one or more tranches over a period of time

SBI Card plans to raise up to Rs 2,000 crore through debt securities

The firm looks to issue debt securities in one or more tranches

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

SBI Cards' m-cap surpasses Rs 1-trillion mark as stock hits new high

At 03:29 pm, SBI Cards recorded an m-cap of Rs 1.01 trillion and stood at 34th position in the overall ranking, BSE data showed

SBI Card hits fresh lifetime high; m-cap nears Rs 1 trillion

At 11:18 am, SBI Card's m-cap stood at Rs 98,000 crore, after hitting high of Rs 98,350 crore in intra-day trade on the BSE

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing

Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average