SBI Cards And Payment Services News
SBI Cards Q2 Results: Net profit rises 10% YoY to ₹445 crore; spends up 31% YoY, asset quality improves
SBI 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 2025Nuvama to BEL- Prashanth Tapse of Mehta Equities suggests stocks to buy in the short term
The 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 2025SBI Cards share price crashes over 6% to 15-week low after analysts lower the target price on Q1 miss
SBI 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 2025SBI Cards and Payment share price rises 3%: Should you Buy, Sell of Hold the stock after the record date for Dividend?
Stock Market Today: SBI Cards and Payment Services Ltd share price gained 3% during the intraday trades on Thursday. The record date for dividend was 25 February'2025 Should you Buy, Sell of Hold the stock after the record date for Dividend?
2 min read27 Feb 2025Shares to buy or sell: Rajesh Palviya of Axis Securities suggests THESE three stocks to buy, hold, and accumulate today
Shares to buy or sell: Rajesh Palviya has recommended to buy, hold, and accumulate Redington Ltd, SBI Cards and Payment Services Ltd, and Muthoot Finance Ltd.
2 min read14 Feb 2025SBI Cards Q2 Results: Net profit drops 33% YoY to ₹404 crore as provisions surge
SBI Cards reported Q2FY25 total income of ₹4,556 crore, an 8% rise year-on-year. Interest income surged 20%, but profit after tax fell to ₹404 crore. Asset quality declined with NPAs at 3.27%. Cards-in-force grew 10%, but new accounts dropped significantly.
2 min read29 Oct 2024SBI Card Q4 results review: Brokerages remain cautious on concerns over margins and asset quality
Shares of SBI Cards and Payment Services declined over 4 percent as brokerages expressed caution following the credit card company's mixed performance in its March quarter (Q4FY24) results.
4 min read29 Apr 2024SBI Card Q4 results: Net profit rises 11% to ₹662 crore, revenue up 14% to ₹4,475 crore
SBI Card Q4 results: Company posted 11.05 per cent year-on-year (YoY) increase in its net profit for the March quarter of the financial year 2023-24, reaching ₹662.37 crore compared to ₹596.47 crore reported in the corresponding period of the previous year.
2 min read26 Apr 2024Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying Indigo, SBI Cards, and Jubilant Ingrevia today
Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - InterGlobe Aviation Ltd (Indigo), SBI Cards and Payment Services Ltd, and Jubilant Ingrevia Ltd.
4 min read10 Apr 2024SBI Card declares interim dividend of ₹2.50/share for FY24
SBI Cards and Payment Services, in an exchange filing, said the interim dividend will be credited on or before April 17, 2024.
1 min read20 Mar 2024Popular Topics
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