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Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
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Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
Similar Posts:
- Credit card transactions see rise last fiscal
- Kotak Mahindra Bank targets 30% rise in card biz
- Barclays Bank to take decision on its credit card biz
- IndusInd Bank will buy credit card biz of Deutsche Bank
- Reward Points: Friend or Foe?
Post Comment
Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
Similar Posts:
- Credit card transactions see rise last fiscal
- Kotak Mahindra Bank targets 30% rise in card biz
- Barclays Bank to take decision on its credit card biz
- IndusInd Bank will buy credit card biz of Deutsche Bank
- Reward Points: Friend or Foe?
Post Comment
Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
Similar Posts:
- Credit card transactions see rise last fiscal
- Kotak Mahindra Bank targets 30% rise in card biz
- Barclays Bank to take decision on its credit card biz
- IndusInd Bank will buy credit card biz of Deutsche Bank
- Reward Points: Friend or Foe?
Post Comment
Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
Credit card operations of SBI show good results
Written by Oliver Laker on May 19, 2011.
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
Similar Posts:
- Credit card transactions see rise last fiscal
- Kotak Mahindra Bank targets 30% rise in card biz
- Barclays Bank to take decision on its credit card biz
- IndusInd Bank will buy credit card biz of Deutsche Bank
- Reward Points: Friend or Foe?
The largest lender of the country, State Bank of India has seen an improvement in performance of its credit card segment in the fiscal last ended.
After long years of losses, the credit card segment of the bank has finally borne profits and that too at a time when results have been coming negative from all segments of the bank.
The credit card business booked profits worth Rs 7.10 crore in the last fiscal as against losses of Rs 153 crore in the fiscal prior to that.
Customer card spends has increased by 30% to Rs 6452 crore, the bank said.
SBI cards currently has 2.3 million cards.
Similar Posts:
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Similar Posts
- Credit card transactions see rise last fiscal
- Kotak Mahindra Bank targets 30% rise in card biz
- Barclays Bank to take decision on its credit card biz
- IndusInd Bank will buy credit card biz of Deutsche Bank
- Reward Points: Friend or Foe?
- Public warned against online frauds: RBI
- An analysis of prepaid travel cards
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