SBI Cards and Payment Announces ₹2.50 Interim Dividend for FY26; Record Date March 11

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SBI Cards Declares ₹2.50 Interim Dividend for FY26; Q3 Net Profit Jumps 45%

SBI Cards and Payment Services has also been downgraded to 'Underperform' from 'Neutral'. The brokerage has lowered the price target to ₹750, which implies a downside of 13%.

C

CNBC TV18•05-03-2026, 23:54

SBI Cards Declares ₹2.50 Interim Dividend for FY26; Q3 Net Profit Jumps 45%

•SBI Cards and Payment declared an interim dividend of ₹2.50 per equity share for the financial year 2025–26.
•March 11, 2026, is set as the record date to determine shareholder eligibility for the dividend.
•The interim dividend, representing 25% of the face value, will be credited or dispatched by April 3, 2026.
•Net profit for Q3 rose 45.3% year-on-year to ₹556.6 crore, with revenue up 11% to ₹5,127.3 crore.
•Total spending surged 33% to ₹1.15 lakh crore, and gross NPAs eased to 2.86% from 3.24% a year earlier.

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