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Aparna Kuppuswamy’s last working day will be February 10, 2023.
State Bank of India’s credit card arm, SBI Cards and Payment Services, informed investors on Wednesday that Chief Risk Officer Aparna Kuppuswamy has resigned from her post.
Kuppuswamy’s last working day will be February 10, 2023.
The former Chief Financial Officer of SBI Cards, Nalin Negi, has resigned from the company. His last working day was July 31, 2022.
The credit card company promoted by the country’s largest public sector lender State Bank of India (SBI) reported a 52 percent increase in net profit at Rs 526 crore for the September quarter compared to Rs 345 crore in the same period a year ago. previously announced.
The company’s total revenue rose 28 percent to Rs 3,453 crore from Rs 2,696 crore in the year-ago period.
SBI Cards and Payment Services is a non-banking financial company that offers credit card portfolios to individual cardholders and corporate customers. In March 2020, SBI Card became the first pure-play credit card company to list on the country’s stock exchanges.
SBI Cards and Payment Services has over 14 million credit cards in force and is the second largest credit card issuer in the country.
Shares of SBI Cards and Payment Services are currently trading at Rs 797.95, down 0.10 percent.
(Editorial: Rukmani Krishna)
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