Jefferies India sees several positives for SBI Cards and Payment Services including an anticipated increase in card spending, an improvement in net interest margins and healthy profit growth from FY24-26e

Motilal Oswal is bullish on SBI Cards and Payment Services recommended buy rating on the stock with a target price of Rs 960 in its research report dated January 24, 2023.

Prabhudas Lilladher recommended accumulate rating on SBI Cards and Payment Services with a target price of Rs 935 in its research report dated January 25, 2023.

Net Interest Income (NII) is expected to increase by 23.3 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 1,228.2 crore, according to Prabhudas Lilladher.

Some customers took to Twitter to complain about entries of unpaid dues on loans and credit cards which they did not apply for in their CIBIL report

Emkay Global Financial is bullish on SBI Cards has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated November 30, 2022.

ICICI Direct recommended hold rating on SBI Cards and Payments with a target price of Rs 950 in its research report dated October 31, 2022.

Prabhudas Lilladher recommended accumulate rating on SBI Cards and Payment Services with a target price of Rs 1013 in its research report dated October 28, 2022.

Motilal Oswal is bullish on SBI Cards and Payment Services recommended buy rating on the stock with a target price of Rs 1000 in its research report dated October 28, 2022.

The total income in the second quarter of the current fiscal rose 28 per cent to Rs 3,453

Net Interest Income (NII) is expected to increase by 27.3 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 1,169.9 crore, according to Prabhudas Lilladher.

Currently, Mohanty is the Group CFO and Whole Time Director of Clix Capital.

For frequent traveller by airways, credit cards with airport lounge access are very useful. So, choose the one which is economical in annual fees and provides the most benefits.

Though analysts believe there may not be any immediate concern, the market gave the stock a thumbs down

The company also said that Negi will lead BharatPe through its path to an initial public offering (IPO) in 18 to 24 months. Notably, the company did not have an appointed CFO prior to this announcement.