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Friday, October 23, 2026Updated 19:22 UTC

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SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply

Source: Economic Times · Oct 23, 2026 13:45 UTC

Downtown Atlanta office towers and skyline seen from above — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However, corporate card spending declined, receivables contracted, and net interest margins narrowed.

Read the full story at Economic Times

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