SBI Cards Summary - March 2020

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TradingFunda

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SBI Cards Summary

- Card spends CAGR at 50% & PAT CAGR at 42% over FY17-19
- Opportunity via wide distribution network (22000 branches)
- Within retail, home loans comprise 62% of loans (FY19) for SBI
- SBI overall NPA ratio of 1% on retail book!

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