Card acquisition of 9 lakh to 1 million per quarter
Management expects to maintain similar quarterly card acquisition run-rate in FY27, focusing on high-quality customers.
SBICARDSANDPAYMENT / guidance tracker
Keep management guidance in view.
SBI Cards and · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Cost-to-income ratio in 55-58% range for FY27
The cost-to-income ratio is expected to remain between 55% and 58% in FY27, similar to FY26 levels.
Credit cost to moderate further in FY27
Management expects credit cost to continue its downward trajectory in FY27, though pace depends on macroeconomic conditions.
ROA target of 4-4.5% in medium term
Management reiterated its medium-term ROA target of 4-4.5%, achievable through improving credit costs and revenue initiatives.