• thehindubusinessline
• 26 Apr, 2021

SBI Card, the country’s largest pure-play credit card issuer, has reported a net profit of ₹175 crore for the fourth quarter ended March 31, 2021. This was 110 per cent more than the net profit of ₹84 crore recorded in the same quarter last fiscal. The bottomline for the quarter under review was boosted by a sharp increase in other income, besides much lower provisioning for impairment and bad debts.
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