BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Geojit Research Report
SBI Cards and Payment Services Ltd. is the leading issuer of credit cards in India.
Company offers wide range of value-added payment products and services. SBI cards operates in more than 130 cities in India.
Net interest income rose 20.0% YoY in Q2 FY21, aided by net interest margin expansion (up 185 basis points YoY) with higher interest income yield (up 56 basis points YoY) and lower cost of funds (down 96 basis points).
Non-interest income was up 1.9% YoY.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
