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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Fri, Jan 26, 2024
SBI Card Q3 results 2024: SBI Cards and Payment Services Ltd has reported an 8 per cent rise in net profit to Rs 549 crore for the third quarter ended December 2023. The pure-play credit card company, promoted by SBI, had posted a net profit of Rs 509 crore during the corresponding period of the previous financial year.
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.
Fri, Oct 22, 2021
The Indian market extended weakness for the fourth consecutive session to end in the red on Friday. The BSE Sensex fell by over 102 points, while the Nifty pulled back to the 18100-level.
Thu, Oct 07, 2021
Eight stocks will be available for trading in the Futures & Options (F&O) markets from 29 October. The shares of these companies today jumped up to 14 per cent on the BSE in the intraday trade.
Wed, Sep 29, 2021
SBI Card also aims to reiterate its brand commitment to offering cardholders convenient, seamless, and secure payment solutions, anywhere, anytime through this offer, he said.
Fri, Sep 24, 2021
SBI Card is offering discounts on e-gift vouchers at e-commerce platforms like Myntra, Amazon, Flipkart and others.
Thu, Sep 23, 2021
Bharat Petroleum Corporation Limited and SBI Card have joined hands to launch the ‘BPCL SBI Card co-branded RuPay Contactless Credit Card’.
Mon, Jul 26, 2021
SBI Cards and Payment Services (SBI Card) shares surged 5.5 per cent to Rs 1009.9 per share on the BSE intraday trade on Monday amid improvement in asset quality in the June-ended quarter.
Tue, Jul 13, 2021
Devanshi Asher tells Zee Business Managing Editor Anil Singhvi that the Reserve Bank of India (RBI) had in December 2020 imposed restrictions on the issuance of new credit cards by HDFC Bank in the wake of digitisation related problems in its credit card services. Those restrictions are still in place
Fri, Jun 25, 2021
Have you applied for SBI Card and have started receiving random calls? These calls or messages are done in order to make sure that you are aware of the offers being offered by the bank and are availing their benefits.
Fri, Jun 18, 2021
SBI Cards shares declined by over six per cent to Rs 985 per, which is also a day’s low level, on the BSE intraday trade on Friday. In an apparent SBI Card block deal, six crore shares i.e. 6.4 per cent equity worth Rs 5,954 crore trade in multiple blocks at an average price of Rs 1,000 per share.
Fri, May 21, 2021
State Bank of India (SBI) stocks soared around 7 per cent from day’s low on the BSE intraday during Friday’s trade to Rs 404 on the back of strong quarter four results with 80 per cent increase in the profit, aided by fewer provisions on bad loans.
Thu, May 20, 2021
Motilal Oswal says SBI Cards reported a weak quarter as slower growth in receivables/spending and elevated provisioning impacted earnings. However, Motilal Oswal expects spends to pick up as retail spends have exceeded pre-COVID levels and corporate spends are also back at pre-COVID levels. Gradual decline in the RBI RE (Resolution Plan) book and an increase in the revolver mix, coupled with controlled funding cost, would support margins over the medium term
Fri, May 14, 2021
State Bank of India (SBI) is offering its customers a cashback offer on buying home appliances like refrigerators, washing machines, microwaves, etc.
Thu, Apr 29, 2021
Midcap Stock Picks with Anil Singhvi: In conversation with Zee Business Managing Editor Anil Singhvi on the 'Special Midcap Stock Picks' show, Motilal Oswal Securities’ Hemang Jani recommended three stocks that would give good returns to investors.
Tue, Mar 23, 2021
SBI Card – If you have recently made some big-ticket purchases and are paying a bomb or are planning one then here is an opportunity that will make the payment process easier on your pockets. SBI Card, which is being offered by SBI Cards and Payment Services, gives you a great option to do so. SBI Card gives you the option of converting your transactions into easy instalments
Mon, Jan 25, 2021
SBI Card results are not praiseworthy as the company has posted 3 per cent slump in income while the company's profit has dipped by near 52 per cent.
Budget 2021 - Pick of the Week – Which sector will see action during this week? Where will the money-making opportunities come from? In chat with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Sandeep Wagle, Kunal Saraogi, Himanshu Gupta and Sandeep Jain give Budget 2021 picks, that are expected to bring handsome returns for the investors
Wed, Dec 16, 2020
India’s largest pure play credit card issuer has joined hands with Bharat Petroleum Corporation Ltd to launch BPCL SBI Card OCTANE. The card was launched on 15 December. The card gives some amazing benefits which include incentives on fuel purchase, grocery and department store items, dining and movies. Check this space to know more about this card
Tue, Dec 15, 2020
Amid rising prices, are you spending a significant amount of your income on fuel? SBI Card’s latest offering claims to address this concern. India’s largest pure play credit card issuer has joined hands with Bharat Petroleum Corporation Ltd to launch BPCL SBI Card OCTANE. See what the card claims to offer!
Wed, Nov 25, 2020
With this service in place, SBI Card Mastercard cardholders need not carry physical cards and can transact at any contactless point of sale terminal using their mobile.
Tue, Oct 27, 2020
SBI Card has given its customers a reason to celebrate with an array of over 1000 festive offers.
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