Page 8 - Sbi Cards

SBI Cards shares surge 5% on heavy volumes, hit fresh record high

Analysts believe the credit card growth story has just started unfolding with visibility of multi-year growth

SBI Cards' scarcity premium, high growth to overshadow its book quality

Penetration opportunity, shift to digitalisation will remain long-term triggers for the stock

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.

Two stock recommendations by Vaishali Parekh of Prabhudas Lilladher

The stock of SBI Cards has taken support near 770 levels to make a double bottom formation pattern in the daily chart and has picked up momentum to improve the bias

SBI Cards trades higher for fifth straight day; stock gains 3%

Analysts remain positive on SBI Cards' long term structural story and the spends inching toward pre-Covid levels.

Facing credit card woes amid pandemic? Look for lower-cost credit options

Defaulting on card dues could restrict access to credit in future

HDFC Bank, Bajaj Fin and SBI Cards Q2 nos show rankling retail loan stress

Analysts at Credit Suisse expect retail loan delinquencies at 5-10 per cent for private banks and 9 - 12 per cent for NBFCs

Best of BS Opinion: A strategic embrace, beyond the popular vote, and more

Here's a selection of Business Standard opinion pieces for the day

Looking at the canary: Do SBI Cards' bad loans have a deeper meaning?

If Covid-19 causes a fresh havoc to government-bank finances, it could be back to the old story of large-scale losses prompting further capital infusion by the government, writes T N Ninan

SBI Cards slips 10% in 2 days on asset quality concerns; should you sell?

The company saw its impairment losses and bad debts rise 162 per cent in Q2FY21 to Rs 862 crore, compared to Rs 329 crore in the same period last financial year

SBI Cards profit drops 46% to Rs 206 cr in Q2, asset quality deteriorates

Interest income of the company grew 10 per cent to Rs 1,275 crore in the reporting quarter, compared to Rs 1,162 crore in the corresponding quarter last financial year

MARKET WRAP: Sensex slips 149 pts in volatile trade; mid, small-caps shine

All that happened in the markets today

FPIs hike stake in SBI Cards for second quarter in a row; stock at new high

FPI holding in SBI Cards increased to 5.93 per cent in September quarter from 4.23 per cent at the end of June quarter

SBI Cards unveils festive season offers; stock up 4%, hits new high

The stock surpassed its previous high of Rs 867.50, hit on September 30, 2020

Nifty could consolidate between 11,900 and 12,050 in short term: HDFC Sec

Previous top on the daily charts is placed at 11,794, which is likely to provide support to the index

SBI Card: Analysts see more upside given distribution network, biz model

As SBI Card is the largest pure credit-card issuer in India, analysts expect the company to grow faster than the sector average

SBI Cards hits new high since listing; stock rallies 73% from March-low

SBI Cards is the second-largest credit card issuer in India.

Operational strength, subsidiaries to drive State Bank of India's re-rating

Annual operating profit of Rs 60,000 crore good enough to absorb any increase in provisioning, while high growth potential subsidiaries to drive valuations

SBI Cards hits 52-week high as it raises Rs 500 crore via debt instruments

he debentures offer coupon rate of 5.75 per cent and will mature on November 17, 2023

SBI Card, IRCTC launch co-branded contactless credit card on RuPay platform

SBI Card and IRCTC launched a co-branded card on RuPay platform for secure and fast transactions