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SBI Card PAT grows 110% to ₹175 crore in Q4

SBI Card PAT grows 110% to ₹175 crore in Q4
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The return on average assets came at 2.6% in Q4 FY21 versus 1.3% while the return on average equity was at 11.2% versus 6.5 per cent in Q4 FY20
(Pradeep Gaur/Mint)
. Updated: 26 Apr 2021, 05:44 PM IST ANI
SBI Cards and Payment Services Ltd on Monday reported a profit after tax of ₹175 crore in the January to March quarter, up 110 per cent from ₹84 crore in the corresponding period of previous fiscal
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Mumbai:SBI Cards and Payment Services Ltd on Monday reported a profit after tax of ₹175 crore in the January to March quarter, up 110% from ₹84 crore in the corresponding period of previous fiscal. ....

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SBI Card PAT grows 110 pc to Rs 175 crore in Q4

SBI Card PAT grows 110 pc to Rs 175 crore in Q4
ANI |
Updated: Apr 26, 2021 17:28 IST
Mumbai (Maharashtra) [India], Apr 26 (ANI): SBI Cards and Payment Services Ltd on Monday reported a profit after tax of Rs 175 crore in the January to March quarter, up 110 per cent from Rs 84 crore in the corresponding period of previous fiscal.
The return on average assets came at 2.6 per cent in Q4 FY21 versus 1.3 per cent while the return on average equity was at 11.2 per cent versus 6.5 per cent in Q4 FY20, the company said in a statement.
The capital adequacy ratio was 24.8 per cent (Q4 FY20: 22.4 per cent). As per capital adequacy norms, the company s capital to risk ratio consisting of tier one and tier two capital should not be less than 15 per cent of its aggregate risk weighted assets on balance sheet and of risk adjusted value of off-balance sheet items. ....

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Stocks in Focus on January 22: Indigo Paints IPO, Biocon, Indian Energy Exchange, InfoEdge to Asian Paints; here are the 5 Newsmakers of the Day

Stocks in Focus on January 22: Indigo Paints IPO, Biocon, Indian Energy Exchange, InfoEdge to Asian Paints; here are the 5 Newsmakers of the Day
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Domestic stock markets corrected sharply on Thursday, January 21, 2021, after the Sensex hit the 50,000-mark in intra-day trade; while the Nifty posted another intra-day record high. The Sensex at the Bombay Stock Exchange ended with a loss of 167 points, or 0.3 per cent, at 49,625. The Nifty dropped 54 points, to trade at 14,590. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Friday, January 22, 2021. List of such five stocks: ....

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SBI Cards' Net Profit Plunges 52% To Rs 210 Crore In December Quarter

SBI Cards' Net Profit Plunges 52% To Rs 210 Crore In December Quarter
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