What will it take to restock SBI Cards? | Rare Techy
SBI Cards and Payment Services Ltd’s Q2FY23 revenue performance was unimpressive, driven by a poor net interest margin (NIM) and revolver mix. Card service providers benefit when more users ‘roll over’ their credit, or pay off some of their balance during the next billing period, rather than paying it all off at once. On Friday, the stock market fell 5.58%.