SBI Cards - Key highlights about latest credit card trends

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Motilal Oswal shared an interesting research report on SBI Cards. Here are some of the key highlights:

Credit card spends are growing - Have more than doubled in 30 months.

The SBI credit card guys in malls are doing quite a good job :stuck_out_tongue:

Margins are gradually decreasing post covid

Retail spending is growing rapidly and nearly 60% of it comes from online spending

A look at the NPAs

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