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India's SBI Cards and Payment Services reported first-quarter profit below expectations on Friday, weighed by a surge in the ...
SBI Card, majority owned by the country's largest lender, State Bank of India - reported a 6.5per cent fall in profit after ...
The company's profit after tax (PAT) for the quarter ended June 30, 2025, declined 6.3 per cent to ₹556 crore as against ₹594 ...
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 ...
April 24 (Reuters) - India's SBI Cards and Payment Services , opens new tab reported a decline in fourth-quarter profit on Thursday, hurt by higher provisions for bad loans.
The company, backed by State Bank of India , opens new tab, said gross write-offs jumped 89% from last year to 13.54 billion rupees. SBI Card's net interest margin (NIM) contracted 31 basis points ...