Page 3 - Sbi Cards

ICICI Bank gained more than 1.3 million credit cards since December

ICICI Bank was been the biggest gainer in the December-June period

SBI Card raises Rs 500 cr by issuing bonds on private placement basis

SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore by issuing bonds on a private placement basis.

Sequential improvement in Q1 suggests investors can swipe for SBI Cards

Unless there is a strong third Covid wave, expect key financial parameters to improve

SBI Cards Q1 net down 22.5% YoY on higher provisions, lower interest income

Impairment losses and bad debts rose by 33 per cent YoY to Rs 645 crore

On the radar: Analysts expand coverage amid sharp stock market rally

200 firms of the BSE 500 universe are tracked by more brokerages than a year ago

SBI Cards' shares fall by 6.7% as PE giant Carlyle sells 5.1% stake

Carlyle sold 48 million shares at Rs 1,002 apiece to raise Rs 4,810 crore.

Ca Rover Holdings sells SBI Cards' shares worth about Rs 4,810 crore

Ca Rover Holdings on Friday sold shares of SBI Cards and Payment Services Ltd worth about Rs 4,811 crore through open market transactions on BSE and NSE.

SBI Cards declines 6% after nearly 7% equity changes hands via block deal

According to reports, US-based private equity (PE) firm Carlyle planned to offload 5.1 per cent stake in SBI Cards and Payment Services

PE major Carlyle to sell 5.1% stake in SBI Cards on Friday

A total of 48 million shares of the credit card company will be on offer in the range between Rs 1,002 to Rs 1,041.3 per share

SBI Cards raises Rs 500 crore by issuing bonds, allots 5,000 NCDs

The coupon on the bonds is 5.55 per cent per annum. The bonds have been allotted on June 14, 2021.

SBI Cards trades higher for fifth straight day; stock up 11% in a week

SBI Card's top management said that the Q4FY21 spending recovered to pre-Covid levels with a higher share of online spending (more than 50 per cent), which management expects to continue

SBI Cards and Payment Services raises Rs 455 crore by issuing bonds

SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 455 crore by issuing bonds

SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions

Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr

SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions

Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr

SBI Card trades higher for third straight day; stock up 8% on heavy volumes

In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021

SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?

Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index

SBI Card sees over 50% transaction from online payments, says CEO

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up

USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore

The company acquired 26 per cent stake in SBI Cards from the GE group for Rs 2,000 crore in 2017.

CA Rover Holdings sells 4.25% stake in SBI Cards for Rs 3,943 cr

CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open market transaction.

Bears rule D-St for 4th day; Sensex tanks 562 pts in broad-based sell-off

All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent