SBI Cards and Payment Services (Initiating Coverage): Top-of-the-crest play. BUY
We initiate on SBI Cards with BUY and RI-based target price of INR1,100. SBI Cards and Payment Services (SBI Cards), India's second largest...
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Review of digital payment charges poses an overhang
RBI proposed to issue a discussion paper in the next one month (link to RBI statement) to cover aspects related to charges involved in various...
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SBI Cards and Payment: Return to Normalcy to Propel Business Growth
SBI Cards is subsidiary of State Bank of India (69.3% stake) and is second largest credit card issuer in India. Market share in terms of cards...
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