Page 9 - Sbi Cards

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

SBI Cards stock sees investor interest revival on hopes of faster recovery

While Q2 will reflect the real asset quality picture, focus on non-discretionary spends, strong customer sourcing support to aid business

SBI Card Board approves raising Rs 1,500 cr via non-convertible debentures

These funds may be raised in one or more tranches, the company said

SBI Cards rallies 6% to hit record high on healthy June quarter results

The stock has rallied 6% to Rs 794.50 on the BSE, and is trading at the highest level since its listing on March 16, 2020.

SBI Card Q1 posts 14% rise in net profit at Rs 393 cr on interest income

Card spends during the June quarter fell to Rs 19,085 crore as against Rs 30,174 crore in the same period of 2019-20, SBI Card said in a release

Nifty outlook & stock calls by Angel Broking: Buy SBI Cards, Bharat Forge

One step at a time is the strategy to follow and better to timely book profits in the rally. Traders are advised to keep following stock specific moves and the base now remains at 10,660 - 10,560

SBI Cards trades higher for second straight day, nears record high

The stock was trading higher for the second straight day, up 3 per cent at Rs 738, on the BSE on Friday. It has surged 7 per cent in the last two days on the back of heavy volumes

NSE removes Vedanta from its indices ahead of possible delisting

The stock will be replaced by HDFC Life Insurance Company with effect from July 31. It will be replaced by SBI Cards in the Nifty 100 and Nifty 500 indices

SBI Cards hits 12-week high on heavy volumes, zooms 28% in a month

SBI Cards made its stock market debut on March 16, 2020

Despite lockdown, SBI Card reports daily spends at over Rs 175 cr in May

Top online categories were departmental stores and groceries (D&G), utilities and services, while top point of sale categories were D&G, fuel, electronics, health and wellness

SBI Cards and Payment Services slips 9%, hits new low since listing

The RBI commentary indicates that the stress in the economy on both demand and supply is likely to continue.

Carlyle Group to buy 74% in SeQuent Scientific for over Rs 1,500 crore

The transaction is being done through an equity purchase stake that values each share at Rs 86.

Covid-19 impact: SBI Cards' pre-tax profit dips 71% to Rs 112 cr in Q4 FY20

Had it not been for Covid-19 impact, the company would have reported a sharp 80 per cent year-on-year jump in its pre-tax profit to Rs 692 core.

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

Covid-19: Average card spend falls 25% as shopping, travel take back seat

With malls and shops closed, spending avenues are practically non-existent.

Low consumption deepens SBI Cards' woes as Covid-19 lockdown gets extended

Worsening business conditions and sell-off by anchor investors have taken the stock southward

Top headlines: How RBI's MPC panel scrambled to help the economy

Business Standard brings to you the top headlines of the day

SBI Cards slips 13%, hits new low; stock down 32% from issue price

Post listing, mutual funds have increased their stake in SBI Cards to 3.04 per cent from 1.6 per cent

LIC in the time of coronavirus: A question mark now on the mega IPO

The listing of LIC is being thought when it is still a pre-dominant player in the sector. This is just like in the case of the State Bank of India in 1993

Coronavirus scare: SBI Cards drops 10% on debut, HNIs lose Rs 200 per share

The weak trading debut contrasted the stellar demand seen during SBI Cards' Rs 10,300-crore IPO earlier this month