There are four different lifestyle credit cards that you may want to consider. We list out the benefits of each one of them ...
India's SBI Cards and Payment Services reported third-quarter profit below expectations on Tuesday, weighed down by higher ...
Credit cards are essential for modern living, facilitating payments and shopping. If an SBI credit card gets blocked, it can ...
SBI Card's profitability was tepid in Q3FY25, driven by elevated credit costs, subdued margins, weak revolving mix, ...
In Q1, SBI Cards Chief Risk Officer, Shantanu Shrivastava, explained that the company’s expected credit loss (ECL) model takes in data over a long period of time, with the company changing ...
Results: SBI Cards and Payment Services has reported a 30 per cent fall in net profit to Rs 383 crore for the third quarter ...
SBI Cards and Payment Services reported a 30% decline in Q3 net profit to Rs 383 crore due to rising delinquencies and higher ...
The per credit card spending rose by 3.20 per cent Year-on-Year (YoY) from Rs 16,865.26 in December 2023 and 8.22 per cent ...
SBI Cards and Payment Services has reported a 30% fall in net profit to ₹383 crore for the third quarter ended December 2024 ...
The consumption multiplier is almost three times, that is what our economic research indicates that if surplus is X, the ...
Gross Credit Cost: Increased by 40 basis points ... Return on Assets (ROA): 2.4% for the quarter, 3% for the nine-month period. SBI Cards and Payment Services Ltd (BOM:543066) achieved a ...
Despite a significant increase in retail spends and card acquisitions, SBI Cards faces challenges with declining profits and rising credit costs.