Download the app
← Latest news

SBI Cards offloads 1800 crore bad loans to Integro Finserv to clean up stressed credit

Economy
Published on 27 April 2026
SBI Cards offloads 1800 crore bad loans to Integro Finserv to clean up stressed credit

The cleanup move shifts stressed card debt worth

SBI Cards has sold around ₹1,800 crore of stressed credit card debt to Integro Finserv, a move aimed at reducing delinquencies and improving the quality of its credit portfolio. The transaction supports SBI Cards’ broader effort to strengthen financial health as more borrowers slip into repayment difficulties. The deal marks a significant risk-cleanup step for the card issuer.

  • SBI Cards sold about ₹1,800 crore in stressed credit card debt
  • The buyer is Integro Finserv
  • The move targets rising delinquencies and portfolio quality
  • It strengthens SBI Cards’ overall financial position
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.