Around 84% of SBI Card’s customers are salaried, of which 38% work in the public sector and 24% in large corporates. Yet, 9% of its receivables of Rs 24,000 crore are under the RBI’s resolution plan, indicating that these borrowers are facing financial stress.source https://economictimes.indiatimes.com/industry/banking/finance/sbi-card-sees-spike-in-default-9-avail-recast-spends-dip-10/articleshow/78821957.cms
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