"SBI Cards and Payment Services Limited” was formerly known as “SBI Cards and Payment Services Private Limited" Site best viewed in browsers I.E 11+, Mozilla 3.5+, Chrome 3.0+, Safari 5.0+ on all desktops, laptops, and Android & iOS mobile/tablet devices 2) A positive surprise on Loan under moratorium which reduced to 9.5% of loan amount against 23% declared earlier. (eg. Total slippages declined to INR39.1b (0.7% annualized), facilitating a 13%/18% QoQ decline in GNPLs/NNPLs. The stock price of SBI Cards has traded in a wide range of Rs 79.45, with an intraday volatility of 10.83%. 1,539 crore from the subsidiary. The pointers which acknowledge our conviction are: 1) In 1QFY21, gross slippages declined to 39.1bn v/s 82.9bn in the previous quarter, which resulted in decline in headline NPA ratios with GNPA at 5.44% (v/s 6.15% in 4QFY20) and NNPA at 1.86% (v/s 2.23% in 4QFY20). Manageable asset quality outlook with a 97% collection efficiency, guidance of just Rs. As a result, NII grew by 16.1% YoY and 17% QoQ. We maintain Buy on the stock with target price of Rs 261 (SOTP basis core book at 0.6x and subsidiaries at Rs 111). On the asset quality front, potential slippages (without the SC order) increased to INR171b, led by the Agri and SME segments. Elevated provisions will depress return ratios in the near term; consequently, we assign a target multiple of just 0.6xFY22E. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. 52 week high & 52 week low prices are adjusted for Bonus, Split & Rights Corporate actions. The stock of Sbi Cards & Pay Ser Ltd can try to reach, or even cross these levels in monthly sessions. * Monopoly:- Like IRCTC SBI Cards does not have monopoly. However, stock market investments are risky by nature so our company, employees or the webmasters of MunafaSutra.com are not responsible for your losses or profits, and your returns will depend on your own personal trading methods only. These have been common themes across most of our coverage this quarter. Stock trades at 1.2x / 1.0x its FY2022E / FY2023E ABVPS which is reasonable;... Limited retail/SME stress and corporate resolution reacceleration to limit NPAs/credit cost: SBI's GNPA has steadily declined to 5.3% since FY18. However, the key is the balance sheet strength and asset quality, on which parameters the bank fares well.... Nifty50 companies average YoY revenue changed by -6.72%, Trending news It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. View daily, weekly or monthly formats back to when STATE BK OF INDIA stock was issued. Continued trend in Asset Quality improvement, steady 1QFY21 performance and attractive valuation reinforce our conviction that the bank is well placed to fight impending stress. State Bank SBIN share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 328 or 283.90 State Bank is currently trading at 281.75 However, if the trend reverses from this point, then a possible future share price target could be 262 or 182.40 Over 60% of these came from the agri portfolio. Daily analysis, news, Munafa stocks list in email: Share: WhatsApp @Hash Facebook TweetRedditDiggLinkedInStumbleUpon, Stock Technical Tips NEWS Tomorrow Forecast Targets ExpertsView Analysis Munafa Value, NSE stock SBICARD Sbi Cards & Pay Ser Ltd share price targets are below. We still remain bullish for the stock for the price target of Rs 1,250 in next 1 year," said Manali Bhatia. However, the transition of the bank's top post is likely to be a key overhang. All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. However, ~Rs.60bn of these have been already upgraded in... State Bank of India's (SBI's) Q2FY2021 numbers largely met expectations, wherein operational numbers were in-line, but asset quality performance was mixed. SBI Card being a leading players in the market, both in terms of cards outstanding and spends, is likely to be a key beneficiary of this trend, they said. Prabhudas Lilladher has given an accumulate rating to SBI Card with a target price of Rs 895. However, on a normalised basis, asset quality deteriorated marginally, with GNPA and NNPA ratios increasing by 44 bps and 22 bps, respectively. Were sharply higher at 5.88 % ( up 60 bps QoQ ) March 5, 2020 % exposure to impacted... 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