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SBI Card slides by over 5% after firm reports weak Q3 numbers; brokerages cut target

SBI Card slides by over 5% after firm reports weak Q3 numbers; brokerages cut target

Mon, Jan 29, 2024

SBI Card reported weak third-quarter results as its net interest income increased by 21.2 per cent to Rs 1387 crore in the December quarter from Rs 1144.60 crore in the same quarter last fiscal. Zee Business research had estimated NII to be Rs 1350 crore.   

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SBI Card seen as the biggest loser post-RBI's risk-weight increase; Incred sees 19% downside

SBI Card seen as the biggest loser post-RBI's risk-weight increase; Incred sees 19% downside

Fri, Nov 24, 2023

 SBI Card share price: The brokerage firm InCredit Equities pointed out in its report that while private banks will see an impact of around 5 per cent of the net loans, SBI Card will see a 100 per cent impact.

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