The brokerage believes SBIC has strong moats to support robust long-term growth and aid gains in market share moving forward. It maintains BUY recommendation on the stock with a revised target price of Rs 1,240/share (45x FY23E EPS), implying an upside of 10% from CMP.
SBI Cards share price: Buy SBI Cards and Payment Services, target price Rs 1100: HDFC Securities – The Economic Times.
Is SBI card giving dividend?
SBI Cards and Payment Services Ltd. has declared 1 dividend since May 15, 2020.
Why SBI card is going down?
SBI Cards and Payment Services fell 2.12% to Rs 908.50 after a foreign brokerage reportedly initiated coverage on the scrip with a ‘Sell’ rating and a price target of Rs 654. The target price of Rs 654 implies a downside of 28.01% to the ruling market price.
Is SBI Card legit?
Beware of fraudulent calls claiming to be SBI Card and asking for personal information. Please note that, we at SBI Card, will never ask for OTP, Password, PIN, CVV or any other credit card related details. Do not share any personal or financial details with anyone.
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What is the business of SBI card?
In March 2020, SBI Card became the first pure play credit card company to list on the stock exchanges in India. The aim of SBI Card is to offer Indian consumers access to a wide range of world-class, value-added payment products and services.
Is SBI giving dividend in 2021?
For the year ending March 2021 State Bank of India has declared an equity dividend of 400.00% amounting to Rs 4 per share. At the current share price of Rs 515.80 this results in a dividend yield of 0.78%.
How can I claim my SBI dividend?
For the dividends declared from FY 2013-14 onwards, in order to claim your unclaimed dividends, before transfer to IEPF, please send cancelled cheque / first page of bank passbook or statement of your account verified by your banker along with a simple request letter to our RTA at below mentioned address, quoting your …
Who will get Coal India dividend?
The government will receive around ₹3,667 crore as an interim dividend from Coal India for the current 2021-22 fiscal, as reported by PTI. The Maharatna PSU announced a 90% interim dividend for FY22, and the total outgo for the purpose will be around ₹5,546 crore, the report added.
Why SBI credit card is worst?
SBI Credit card is the worst kind of credit card there is, their billing system is flawed and slow and even to reflect EMI transaction, it takes long time. Absolutely worst customer care executives who don’t even now how to handle the customers.
Can Yono be hacked?
“With Yono Cash, the entire experience is pushed to the phone with the PIN being used on the app and in addition getting a OTP on the phone. … However, the users should keep their mobile phones clean of malware, so that their own devices can’t be hacked.
What are the disadvantages of SBI credit card?
Disadvantages of Credit Cards:
- Minimum due trap. The biggest con of a credit card is the minimum due amount that is displayed at the top of a bill statement. …
- Hidden costs. …
- Ease of overuse. …
- High interest rate. …
- Credit card fraud.