SBI Cards net profit rises 14% to 609cr this quarter
NewsBytes | April 28, 2026 7:42 PM CST
SBI Cards total spends surge 31%
Looking at the whole year, profits rose 13% to ₹2,167 crore and total income was up 11%.
Even with higher operating costs, SBI Cards managed to cut finance costs by 10% in the December-March quarter.
The company's asset quality improved too: bad loans dropped to 2.41%, while cardholders grew by 6% and total card spends soared by 31% to ₹1.15 lakh crore.
All in all, it's been a solid year for SBI Cards and its users.
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