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ICRA reaffirms credit ratings on SBI Cards, enhances term loan limits

ICRA reaffirms credit ratings on SBI Cards, enhances term loan limits

Despite a decline in profitability in FY2025 due to higher credit costs and increased cost of funds, the company witnessed a marginal improvement in Q1 FY2026, driven by a slight increase in yields and a reduction in the weighted average cost of funds.

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