Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
5 days agoSBI Cards Q2 profit rises 10% as spends jump; asset quality improves
SBI Cards and Payment Services reported a 10% year-on-year increase in September-quarter net profit to ₹445 crore. Management highlighted a 31% rise in card spends and sequential improvement in asset quality indicators, even as quarter-on-quarter profit moderated. The company continues to focus on higher-quality sourcing and risk controls following industry-wide stress earlier this year. Analysts will watch traction in new card additions, revolve rates and credit costs into the festive quarter, alongside competitive intensity from fintech-bank partnerships.
positive
5 days agoSBI Cards Q2 profit rises 10% as spends jump; asset quality improves
SBI Cards and Payment Services reported a 10% year-on-year increase in September-quarter net profit to ₹445 crore. Management highlighted a 31% rise in card spends and sequential improvement in asset quality indicators, even as quarter-on-quarter profit moderated. The company continues to focus on higher-quality sourcing and risk controls following industry-wide stress earlier this year. Analysts will watch traction in new card additions, revolve rates and credit costs into the festive quarter, alongside competitive intensity from fintech-bank partnerships.
positive
SBI Cards Q2 profit rises 10% as spends jump; asset quality improves
5 days ago
1 min read
77 words
SBI Cards’ Q2 net profit rose 10% to ₹445 crore, with higher spends and better asset quality offset by QoQ moderation.
SBI Cards and Payment Services reported a 10% year-on-year increase in September-quarter net profit to ₹445 crore. Management highlighted a 31% rise in card spends and sequential improvement in asset quality indicators, even as quarter-on-quarter profit moderated. The company continues to focus on higher-quality sourcing and risk controls following industry-wide stress earlier this year. Analysts will watch traction in new card additions, revolve rates and credit costs into the festive quarter, alongside competitive intensity from fintech-bank partnerships.
SBI Cards and Payment Services reported a 10% year-on-year increase in September-quarter net profit to ₹445 crore. Management highlighted a 31% rise in card spends and sequential improvement in asset quality indicators, even as quarter-on-quarter profit moderated. The company continues to focus on higher-quality sourcing and risk controls following industry-wide stress earlier this year. Analysts will watch traction in new card additions, revolve rates and credit costs into the festive quarter, alongside competitive intensity from fintech-bank partnerships.
Companies:
SBI Cards and Payment Services
Tags:
stocks
india
stocks
india
earnings
credit cards
consumer finance
Oct 25, 2025 • 11:18 IST