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Rewards credit cards with most value-back potential: SBI Card, HDFC Bank, Axis Bank, IDFC First Bank, American Express

Listed below are the best rewards credit cards in India, chosen basis their reward earning rate, redemption value and overall value-back potential across multiple spending categories.

SBI Card Share Price: SBI Card shares down 0 76% as Nifty drops

SBI Card: NIMs will continue to prevail around the current levels: Abhijit Chakravorty, SBI Card

If we talk about book, the spends part, yes, it has come down and that has been a strategy also and going forward now we have seen what RBI intended to do and the regulations, the way they have come in, so we are going to build up our book based on the new guidelines progressively.

Stocks in news: Stocks in news: Bajaj Finance, Vedanta, Tech Mahindra, ICICI Sec, SBI Card, SBI Life

Metal major Vedanta on Thursday reported a net profit of Rs 1,369 crore for the March-ended quarter, down over 27% (YoY) compared to Rs 1,881 crore reported in the year-ago period. Consolidated revenue from operations for the quarter stood at Rs 34,937 crore, down 6% YoY over Rs 37,225 reported by the company in Q4FY23.

SBI Card Q4 Results: Net profit rises 11% YoY to Rs 662 crore

SBI Card on Friday reported an 11 per cent rise in profit after tax to Rs 662 crore for the quarter ended March 2024. SBI Cards and Payment Services Ltd (SBI Card) had a profit of Rs 596 crore in the fourth quarter of 2022-23 fiscal.

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