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DSIJ Mindshare

SBI Cards collaborates with Google

Nidhi Jani / Article rating: 4.5

In the recent quarter (Q1FY21), the company’s NPA declined by 33 bps, and credit cost declined by 552 bps QoQ. The company also beat the estimates with a jump in profit, supported by a strong net interest income (NII), lower operating expenses, and lower-than-expected provisioning.