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SBI Card shares in focus as NBFC gives update on likely impact of increase in risk weights

SBI Card said it is a AAA-rated company and that it has enough sources and diversified lender base, to manage the impact. It does not see significant impact on cost of funds during the ongoing financial year.

SBI Card stocks: Buy SBI Cards and Payment Services, target price Rs 900: Motilal Oswal

SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 70598.05 Crore) operating in Financial Services sector.

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