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SBI Cards – Should you look at the stock, post moderation in valuation?

The mono-line nature of SBI Cards' business with unsecured portfolio is an area of concern while regulatory risk poses uncertainty

December 15, 2021 / 14:17 IST
In order to expand the adoption of digital payments in a safe and secure manner, it is proposed to enhance, at the discretion of the user, the limits for contactless card transactions and e-mandates for recurring transactions through cards (and UPI) from Rs 2,000 to Rs 5,000 from January 1, 2021 (Image Source: Reuters)
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More