SBI CARDS : What’s Unfolding

Q2 FY21 results fo SBI cards are out and does not look great on few fronts although long term story seems intact as of now

Few snaps from SBI recent investor presentation where we can see the lagging part from company as compared to previous year FY20

SBI Cards : Declining portfolio growth, SBI Cards : Increasing NPA , SBI Cards : Declining PAT

SBI Cards : Declining portfolio growth
SBI Cards : Declining PAT
SBI Cards : Increasing NPA

Looks better to wait for right entry price : NOT a RECOMMENDATION

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