SBI Cards Q4 Review - Spends Market-Share Increase In FY21; Better Equipped To Tackle FY22: Anand Rathi
A customer uses a credit card to make a contactless payment. (Photographer: Simon Dawson/Bloomberg)

SBI Cards Q4 Review - Spends Market-Share Increase In FY21; Better Equipped To Tackle FY22: Anand Rathi

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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.

Anand Rathi Report

SBI Cards and Payment Services Ltd.'s spends market-share increased in FY21 on a cumulative basis.

Owing to the pandemic, though, higher credit costs and the Reserve Bank of India restructuring book had to be dealt with.

With a higher transactor book, yields fell in last two quarters partially offset by the declining cost of funds.

Though uncertainty looms, the company is better equipped to tackle FY22.

Click on the attachment to read the full report:

Anand Rathi SBI Cards Company Update.pdf

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