Stock market indices Sensex and Nifty 50 rose significantly after the RBI cut interest rates by 25 bps to 5.25%. Despite volatility, Sensex gained 425.57 points, while Nifty 50 increased by 136.65 points. Experts expect the rate cut to enhance loan affordability and stimulate economic growth.
3 min read5 Dec 2025There are several SBI Cards which are offered in partnership with other lenders such as Bank of Maharashtra, Punjab & Sind Bank and UCO Bank. We list out a few of them in this article
2 min read7 Nov 2025SBI Cards reported a 10% YoY increase in net profit to ₹445 crore for Q2 FY26, but a 20% QoQ decline. Total income rose 13% YoY to ₹5,136 crore, with a mixed performance in operational metrics, including a 31% increase in spends.
2 min read24 Oct 2025The Indian stock market declined as pharmaceutical shares reacted to Trump's tariff announcement. Nifty 50 and BSE Sensex fell 0.50%, marking six consecutive days of losses. Traders are advised to remain cautious amidst weak momentum and bearish indicators.
3 min read26 Sep 2025Credit Cards: Accrual of reward points on spends on digital gaming platforms/ merchants and government related transactions will be discontinued for certain cards
2 min read22 Aug 2025SBI Cards shares fell 6.1% to ₹834.75 after weak June quarter results, marking a fourth straight profit decline. Net profit dropped 6% to ₹556 crore, while revenue rose 12%. Brokerages, including HSBC and Morgan Stanley, have reduced their price targets for the stock.
2 min read28 Jul 2025Indian stock markets declined on Friday as IT shares weakened. The Nifty 50 and BSE Sensex fell by 0.37% and 0.41%, respectively. Prashanth Tapse recommends buying Midhani, Ashok Leyland, and SBI Card, citing favourable risk-reward scenarios and potential upside.
2 min read11 Jul 2025Shares to buy: Prashanth Tapse recommends buying these three stocks in the short term - SBI Cards and Payment Services Ltd, Dr Reddys Laboratories Ltd, and Wipro Ltd.
3 min read13 Jun 2025Shares to buy: Prashanth Tapse recommends buying these three stocks in the short term - SBI Cards and Payment Services Ltd, PCBL Chemical Ltd, 360 ONE WAM Ltd, and Piramal Pharma Ltd.
4 min read6 Jun 2025Shares of RBL Bank, Aditya Birla Capital, and SBI Card rose up to 5% after RBI noted easing stress in unsecured loans and credit cards, while cautioning that microfinance institutions still face pressure.
2 min read6 Jun 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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