Highlights
- SBI Card PAT Grows 67% to Rs 345 Cr for Q2 FY22 Vs Rs 206 Cr for Q2 FY21
- Total Revenue increased by 7% YoY to Rs 2,695 Cr for Q2 FY22
- Profit after tax increased by 67% YoY to Rs 345 Cr for Q2 FY22
- ROAA at 4.9% for Q2 FY22 vs. 3.4% for Q2 FY21
- ROAE at 20.1% for Q2 FY22 vs. 14.1% for Q2 FY21
- Capital Adequacy Ratio at 25.0%; Tier 1 at 21.8%
- New accounts volume at 953k for Q2 FY22 up by 39% as compared to 688k for Q2 FY21
- Card-in-force grew by 14% to 1.26 Cr as of Q2 FY22 vs 1.10 Cr as of Q2 FY21
- Retail spends grew by 41% to Rs 35,070 Cr in Q2 FY22 vs Rs 24,863 Cr in Q2 FY21
- Corporate Spends grew by 80% to Rs 8,491 Cr in Q2 FY22 vs Rs 4,728 Cr in Q2 FY21
- Market share H1 FY22 (available till Aug’21) – Card-in-force at 19.4% (FY21: 19.1%); Spends at 19.0% (FY21: 19.4%); Transactions at 20.0% (FY21: 19.7%)
- Receivables grew by 12% to Rs 26,741 Cr as of Q2 FY22 vs Rs 23,978 Cr as of Q2 FY21
- GNPA at 3.36% as of Q2 FY22 vs 7.46%* as of Q2 FY21; NNPA at 0.91% as of Q2 FY22 vs 2.70%* as of Q2 FY21.
- New RBI RE added at Rs 105 Cr in Q2 FY22 as compared to Rs 257 Cr in Q1 FY22. Total RBI RE book including RBI RE 2.0 assets at 4% in Q2 FY22 vs 9% in Q2 FY21;
