08 Oct 2025 | 3 Mins Read
SBI Cards stock gains on RBI credit loss framework
Flipitmoney
SBI Cards and Payment Services rose 2.5% to Rs 927, its highest since July 14, due to RBI's proposed reduction in risk weights on loans like housing and credit cards. Macquarie and Motilal Oswal expect asset quality to improve and capital release. The stock is rated "hold" with a Rs 935 median price target, a 40% rise for the year so far.