SBI Cards surprises with Q4 profit growth amid strong retail spending

SBI Cards surprises with Q4 profit growth amid strong retail spending

New Delhi: SBI Card Q4 Earnings: SBI Cards and Payment Services on Friday reported an unexpected 11 per cent rise in fourth quarter profit, boosted by higher retail spending, which offset the increase in bad loans. The company’s profit after tax rose to Rs 662 crore in the January-March period from Rs 596 crore a … Read more