BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
SBI Cards and Payment Services Ltd., with an outstanding card base of ~11.8 million, offers a diverse product portfolio of premium, classic, shopping and travel, and exclusive and corporate cards to cater to individual and corporate needs.
The company has strengthened its position as the second largest card player in the country, with market share of ~19% in outstanding cards and ~20% in overall spends.
It enjoys State Bank of India’s strong parentage, with an extensive network of ~22,000 branches and a vast customer base of ~450 million.
It has doubled its card base over FY17–20 at an average incremental market share of 23% (~32% over FY21-year-to-date).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.