SBI Cards & Payment Services Ltd News
Street positive on SBI Cards despite Q3 miss, on strong growth expectations
Analysts believe the company will be able to shift a larger part of the receivable mix towards EMI payments, which should help stabilise NIM
 "Street positive on SBI Cards despite Q3 miss, on strong growth expectations")
Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC
Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy's, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on Wednesday.
 "Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC")
SBI Card Q3 net up 32% YoY to Rs 509 cr on strong interest income
Dip in impairment losses and bad debts suppports performance, stock dips on company missing street estimates
 "SBI Card Q3 net up 32% YoY to Rs 509 cr on strong interest income")
SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens
Market participants usually opt for mid-cap or small-cap stocks. But, if one fails to pick the right stock, investment in such stocks can result into huge losses
 "SBI Card, Bandhan Bk: 5 stocks can drop up to 13% if mkt sell-off deepens")
Analysts cut earnings estimate, target price on SBI Card post weak Q2 show
SBI Card has underperformed its peers amid company-specific/sector issues pertaining to market share, revolver share, and merchant discount rate (MDR)-related challenges
 "Analysts cut earnings estimate, target price on SBI Card post weak Q2 show")
SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings
SBI Card reported a modest quarter with net earnings impacted due to higher provisions.
 "SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings")
SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions
Impairment losses and bad debts declined 8 per cent YoY to Rs 546 crore but was up 21 per cent sequentially.
 "SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions")
