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 and Payment Services reported a 14% year-on-year jump in Q4 net profit to Rs 609 crore in FY26. Revenue from operations rose 6% to Rs 4,934 crore. Despite the strong earnings numbers, the company’s shares saw minor losses right after the results were announced.
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