SBI Cards And Payment Services: Launches New Google Pay Flex SBI Card

 29 Jul 2026 04:07 PM

SBI Cards And Payment Services: Launches New Google Pay Flex SBI Card

SBI Cards: Bernstein on SBI Cards Maintains Underperform with Target Price of ₹610 as Q1 remained weak despite 20% EPS growth from lower credit costs, underlying profitability softened with PPoP declining, revolver and EMI balances showed the first sequential recovery in three quarters, but visibility on a meaningful RoA recovery remains limited.

 27 Jul 2026 09:00 AM

SBI Cards: Bernstein on SBI Cards Maintains Underperform with Target Price of ₹610 as Q1 remained weak despite 20% EPS growth from lower credit costs, underlying profitability softened with PPoP declining, revolver and EMI balances showed the first sequential recovery in three quarters, but visibility on a meaningful RoA recovery remains limited.

SBI Cards: CLSA on SBI Cards Upgrades to Outperform with Target Price of ₹730 as Q1 PAT met estimates with lower credit costs offsetting a PPOP miss, asset quality improved significantly, card acquisitions picked up, while loan growth remained weak and NIM declined 30 bps QoQ.

 27 Jul 2026 09:00 AM

SBI Cards: CLSA on SBI Cards Upgrades to Outperform with Target Price of ₹730 as Q1 PAT met estimates with lower credit costs offsetting a PPOP miss, asset quality improved significantly, card acquisitions picked up, while loan growth remained weak and NIM declined 30 bps QoQ.

SBI Cards: Jefferies on SBI Cards Maintains Hold with Target Price of ₹675 as Q1 PAT beat estimates on lower provisions and net slippages fell to near three-year lows, but receivables growth remained weak and NIM declined, while higher card additions could support spending and growth with a lag.

 27 Jul 2026 09:00 AM

SBI Cards: Jefferies on SBI Cards Maintains Hold with Target Price of ₹675 as Q1 PAT beat estimates on lower provisions and net slippages fell to near three-year lows, but receivables growth remained weak and NIM declined, while higher card additions could support spending and growth with a lag.

SBI Cards: UBS on SBI Cards Maintains Neutral with Target Price cut to ₹700 as Q1FY27 PAT beat estimates on sharply lower provisions despite weaker NII and operating profit, asset quality improved, margins moderated, retail spends and fee income remained healthy, receivables growth stayed weak, and management expects credit costs to remain stable-to-lower with growth recovering in H2.

 27 Jul 2026 09:00 AM

SBI Cards: UBS on SBI Cards Maintains Neutral with Target Price cut to ₹700 as Q1FY27 PAT beat estimates on sharply lower provisions despite weaker NII and operating profit, asset quality improved, margins moderated, retail spends and fee income remained healthy, receivables growth stayed weak, and management expects credit costs to remain stable-to-lower with growth recovering in H2.

SBI CARDS AND PAYMENT SERVICES: Q1 SL NET PROFIT 6.64B RUPEES VS 5.6B (YOY)

 24 Jul 2026 04:21 PM

SBI CARDS AND PAYMENT SERVICES: Q1 SL NET PROFIT 6.64B RUPEES VS 5.6B (YOY)

SBI CARDS AND PAYMENT SERVICES: Q1 REVENUE 50.41B RUPEES VS 48.8B (YOY)

 24 Jul 2026 04:21 PM

SBI CARDS AND PAYMENT SERVICES: Q1 REVENUE 50.41B RUPEES VS 48.8B (YOY)

SBI CARDS AND PAYMENT SERVICES: Q1 GROSS STAGE 3 RATIO AT 2.04% VS 2.41% (QOQ) || Q1 NET STAGE 3 AT 0.83% VS 1.04% (QOQ)

 24 Jul 2026 04:21 PM

SBI CARDS AND PAYMENT SERVICES: Q1 GROSS STAGE 3 RATIO AT 2.04% VS 2.41% (QOQ) || Q1 NET STAGE 3 AT 0.83% VS 1.04% (QOQ)

Sbi Cards And Payment Services: Co To Consider Q1 Results On July 24

 17 Jul 2026 02:01 PM

Sbi Cards And Payment Services: Co To Consider Q1 Results On July 24

SBI Cards: HSBC on SBI Cards and Payment Services Reduce maintained, Target Price Rs 560 (cut from Rs 660) amid Middle East conflict-led weaker demand outlook with cuts to AUM growth, margins and EPS, liability pressures and potential asset quality risks, while preferring private banks and select NBFCs like Cholamandalam Investment and Finance and Shriram Finance, with LIC Housing Finance seen as defensive.

 01 Apr 2026 09:14 AM

SBI Cards: HSBC on SBI Cards and Payment Services Reduce maintained, Target Price Rs 560 (cut from Rs 660) amid Middle East conflict-led weaker demand outlook with cuts to AUM growth, margins and EPS, liability pressures and potential asset quality risks, while preferring private banks and select NBFCs like Cholamandalam Investment and Finance and Shriram Finance, with LIC Housing Finance seen as defensive.