Total Pageviews

Thursday, November 15, 2012

SBI GE Cards Number

As per SBI Analyst Presentation for Q2 FY 2013, performance of SBI Cards & Payment Services Pvt. Ltd. (joint venture between SBI & GE) is as follows:

  • Sourced 2.82 lakhs new cards during H1 FY13 vs 1.8 lakhs cards during H1 FY12 (55% growth)
  • Increase in spends by Rs. 343 crores over previous quarter
  • Gross NPA came down to 1.83% in Q2 FY13 from 2.1% in Q1 FY13

No comments:

Post a Comment