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Daily Market Analysis

Daily Market Analysis – 23rd Oct 2020

byfintooOctober 23, 2020

SBI Cards and payment services 2nd quarter showed impact of Covid 19 on unsecured loans. SBI Cards reported that its gross NPA rose to 4.3% from 1.4% in April- June Quarter. On Sept 3rd, SC had said, accounts not declared NPA’S till August 31 are not to be declared NPA’s till further orders and SBI Cards have not considered those. Analyst say if they take into account those as well, NPA’s...