SBICARDNSE28 April 2023

Sbi Cards And Payment Services Limited has informed the Exchange about Investor Presentation

SBI Cards and Payment Services Limited

April 28 , 2023

The BSE Limited Corporate Relationship Department. Phiroze Jeejeebhoy Towers , Dalal Street, Mumbai - 400 001

The National Stock Exchange of India Limited Exchange Plaza, C-1 , Block G, Bandra-Kurla Complex. Bandra (E), Mumbai - 400 051

SCRIP CODE: 543066

SYMBOL: SBICARD

SECURITY: Equity Shares/Debentures

SECURITY: Equity Shares

Dear Sirs,

Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure for

- Copy of Presentation made

Requirements) Regulations, 2015 Analysts/Investors on Financial Results

In compliance with the provisions of Regulation 30 read with Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirement s) Regulations , 2015, we enclose herewith a copy of presentation made for Analysts/Investors on Financial Results of the Company for the quarter and the year ended March 31, 2023

Kindly take the same on record.

Thanking you,

Yours faithfully,

For SBI Cards and Payment Services Limited

Payal Mittal Chhabra Company Secretary & Compliance Officer

S81 Cards and Payment Services Lt d.

DLF Infinity Towers, Tower C,

Tel. : 0124-4589803

Registered Office:

12th Floor, Block 2, Building 3,

Email: customercare@s bica rd.com

Unit 401 & 402, 4th Fl oor, Agga rwa l Millennium Tower,

DLF Cyber City, Gurugram - 122002,

Webs ite: sbica rd. com

E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi - 110034

Haryana, India

CIN - L65999DL 1998PLC093849

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INVESTOR PRESENTATION Q4 FY 2022-23

INDEX

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Key Highlights for Q4 & FY23

Portfolio Growth

Financial Update

Asset Quality

Borrowings & Capital Adequacy

ESG

Shareholders Summary

Annexures

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Key Highlights

FY23 at a glance

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Profitable growth leading to healthy returns (5%+ ROA, 25%+ ROE)

Business Growth

New Accounts + 46%

3,572K →

5,202K

FY22 FY23

Retail Spends + 41% 146,457 Cr → 206,465 Cr FY22 FY23

Receivables + 30% 31,281 Cr → 40,722 Cr Mar 22 Mar 23

Strong net income growth

Total Income + 26% 11,302 Cr → 14,286 Cr FY22 FY23

EBCC + 17% 4,430 Cr → 5,190 Cr FY22 FY23

PAT + 40%

1,616 Cr →

2,258 Cr

FY22 FY23

Asset Quality

GCL % (-) 231 bps

GNPA % + 13 bps

ECL % (-) 16 bps

8.3% → 5.9% FY22 FY23

2.22% → 2.35% Mar 22 Mar 23

3.5% → 3.3% Mar 22 Mar 23

Profitability ratios

ROAA + 20 bps

ROAE + 245 bps

EPS (Basic) + 39%

5.4% → 5.6% FY22 FY23

22.8% →

25.3%

FY22 FY23

17.16 →

23.92 FY22 FY23

Key Highlights for Q4 FY23

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Profitable Business Growth

s s s s e e n n i i s s u u B B

s s e e m m u u o o V V

l l

New A/cs

13.71 lacs  37% YoY  16% QoQ

CIF

1.68 Cr  22% YoY  6% QoQ

Spends

₹ 37,730 Cr+ ₹ 71,686 Cr Receivables  32% YoY  41% YoY  4% QoQ

Receivables

₹ 40,722 Cr  30% YoY  5% QoQ

t i l i

y t i l i

b a t i f o r P

PAT

₹ 596 Cr  3% YoY 17% QoQ

Cost to Income %

58.1%  71 bps YoY  379 bps QoQ

ROAA

5.4%  157 bps YoY  57 bps QoQ

ROAE

24.6%  583 bps YoY  255 bps QoQ

e c n a a B

t e e h S

GNPA

2.35%

13 bps YoY 14 bps QoQ

NNPA

0.87%  9 bps YoY  7 bps QoQ

CAR

23.1%

 75 bps YoY  26 bps QoQ

LCR

86%  7% YoY  1% QoQ

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Portfolio Growth

Key Business Metrics

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New Accounts (Lacs)

Cards-in-force (Cr)

Receivables (₹ Cr)

37% YOY -16% QOQ

22% YOY 6% QOQ

10.02

9.02

12.95

16.34

13.71

I I \

Q4 FY22

Q2 FY23 ---------------------------------------------------------- Retail Spends (₹ Cr)

Q3 FY23

Q1 FY23

Q4 FY23

I I I I I I ✓

;

1.38

1.68

1.59

38,626

31,281

30% YOY 5% QOQ

40,722

41,872

45,488

50,895

54,562

55,520

Q4 FY22

Q2 FY23 ---------------------------------------------------------- Corporate Spends (₹ Cr)

Q1 FY23

Q4 FY23

Q3 FY23

14,183

14,273

12,263

11,411

32% YOY 13% QOQ

16,166

, __________________________________________________________ ; Q2 FY23

Q4 FY22

Q1 FY23

Q3 FY23

Q4 FY23

^ As per RBI report available till Mar’23

I I \

I I I I I I \

33% YOY 2% QOQ

Mar'22

Dec'22

Mar'23

Mar'22

Dec'22

Mar'23

'---------------------------~

✓

'-------------------------------'

Key Insights:

I ✓

;

▪ Continued momentum in spends growth, maintained #2

position in spends & cards^

▪ ~1 Mn net card additions in Q3 FY23, ~900k in Q4 FY23 ▪ Sourcing of new accounts from SBI at 56% in Q4 FY23 vs

49% in Q3 FY23

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▪ Steady growth in receivables, IBNEA maintained @ 61%

Portfolio Growth

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. •••·····································································································•• •. Spend per Avg Card (₹ ‘000)

•••······································································································••• . . Receivable per Card (₹)

161

124

170

130

171

140

179

142

176

136

22,722

23,202

25,445

24,318

24,293

Q4 FY22

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q4 FY22

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Ret+Corp

■

Ret

■

30 day spend active rate %

50%

51%

50%

Q4 FY22

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

. ~ .......................................................................................................

Strong momentum on spends growth continues

Receivables(₹ Cr)/Mix %

31,281

33,215

37,730

(

\ I I I I I

59%

34%

25%

40%

I I I I I \

35%

26%

38%

35%

24%

41%

61%

40,722

38,626 Interest Earning Receivables \ \ I I 11 I 11 I 11 I 11 I I \

61%

37%

24%

39%

Q4 FY22

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

. . ••······································································································••

Transactor

Revolver

RBI RE

EMI

■

Total Interest earning asset & Revolving assets stable at 61% and 24% respect.tively

Portfolio Insights ········· ............................................................................................................................................................................................................................... ······· . .. ..

New Accounts

Salaried Category

Age Profile

By City Tier

27%

48%

56%

16%

36%

23%

r ,

26%

. . ~ . . . .

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~ ~

. / . . . . .

g n c r u o S w e N

3 2 Y F 4 Q r o F

44%

SBI

■

Open Market

■

1.05

58%

3 2 r a M

t s 1 3

e c r o F

- n

- s d r a C

n o s A

~ . . . ••

42%

0.85

28%

1.08

26%

48%

32%

18%

■

Govt/PSU Salaried 61%; Self employed 39%

Cat A

■

Cat B

Under 30

■

31-45

■

>45

■

Tier 1

■

Tier 2

■

Tier 3

■

Others

■

1.00

36%

0.87

25%

0.77 36%

1.17

22%

1.07

20%

21%

1.05

38%

0.97

0.98

. . : .. :

0.99

53%

21%

' ' ············ ............................................................................................................................................................................................................................... ·········· / 9

Indexed 30+ delinquency

Open Market

Govt/PSU

Under 30

Others

31-45

Tier 1

Tier 2

Tier 3

Cat A

Cat B

>45

SBI

■

Retail Spends Insights

Online Spend %

52%

54%

57%

44%

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Spends Categories

Total Spends

POS Spends Online Spends

% Growth^

Category 1 Departmental Stores, Health, Utilities, Education & Direct Marketing

10%

11%

FY20

FY21

FY22

FY23

Travel Spends*

139

Category 2 Consumer durables, Furnishing & Hardware, Apparel & Jewelry

24%

57%

100

Category 3 Travel Agents, Hotels, Airline, Railways, Entertainment & Restaurant

Q4 FY20

Q4 FY21

Q4 FY22

Q4 FY23

^ Q4 FY23 Over Q3 FY23 | Category analysis excludes Fuel & Automotive Service category

*Travel spends indexed to Q4 FY20 = 100

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Financial Update

OSBI card Credit Cards

Benefits

Pay Offers Rewards

Make online payment

Track yo·

Pay through NEFT

•@•ffiii:1,4

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Key Financials

Revenue from operations (₹ Cr) ,- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - (-\ - - - - ', I

2,850

3,100

3,297

3,507

32% YOY 7% QOQ

. . / .._ 3,762

Q1 FY23

Q4 FY22

'---------------------------------------------------- Interest Cost (₹ Cr) -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - \ - - - -', : /

<! 1

90% YOY 9% QOQ

;

Q2 FY23

Q3 FY23

Q4 FY23

267

308

368

464

507

Q1 FY23

Q4 FY22

Q2 FY23 '-----------------------------------------------------------' Operating Cost (₹ Cr) ,. ,, --------------------------------------------------- -~ -----,

r,.,

Q4 FY23

Q3 FY23

1,577

1,663

1,834

1,974

26% YOY 0% QOQ

~ 1,980

I \

Q4 FY22

Q2 FY23 '----------------------------------------------------------- Credit Cost (₹ Cr)

Q3 FY23

Q4 FY23

Q1 FY23

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PAT Trend (₹ Cr) ----------------------------------- , I

3% YOY

17% QOQ

40% YOY

2,258

581

509

596

1,616

Q4 FY22

Q3 FY23

Q4 FY23

''---------------------------------- ~------------------------' Key Insights:

FY22

FY23

I I

I I I I I

I I I

I I I I

I I I ; I

▪

Interest income yield at 16.7%, NIM stable at 11.5%

despite higher COF

▪ Cost to income improves to 58.1% vs 61.9% QoQ

393

450

546

533

630

Q4 FY22

Q2 FY23 '-----------------------------------------------------------

Q3 FY23

Q4 FY23

Q1 FY22

' \ 60% YOY I 18% QOQ

▪ Gross credit cost increased to 6.3% vs 5.6%, 20 bps

I I I I I I

, '

increase on account of change in model estimation

P&L Summary r------------,-----------------------1 r--------------,

QoQ (%)

YoY(%)

I I

YoY(%)

I I

Total Income

I I

Q4 FY23 (₹ Cr.) 3,917

Q3 FY23 (₹ Cr.) 3,656

-Revenue from Operations

3,762

3,507

-Interest Income

-Fees & Other Revenue

-Other Income

Interest Cost

Operating Cost

1,672

2,090

154

507

1,980

Earning Before Credit Cost

1,429

Credit Cost

630

1,609

1,898

149

464

1,974

1,217

533

10%

17%

18%

30%

32%

-7%

90%

26%

22%

60%

FY23 (₹ Cr.) 14,286

13,667

6,153

7,514

619

1,648

7,448

5,190

2,159

26%

28%

26%

29%

-1%

60%

27%

17%

-4%

800

PBT

-------------~----------------------- ---------------·

PAT Key Metrics r--------------------------------------------~

2,258

3,031

40%

17%

509

596

684

16.7% 16.4%

32 bps

-10 bps

16.7%

-97 bps

6.7%

6.3%

39 bps

185 bps

11.5% 11.6%

-5 bps

-170 bps

58.1% 61.9% -379 bps

71 bps

6.3%

5.6%

77 bps

115 bps

6.0%

12.1%

58.9%

5.9%

79 bps

-175 bps

205 bps

-231 bps

I I I I I I I

I Yield I COF I I NIM I I Cost to Income% I I Credit Cost I I ROA

---------------------------------------------'

-157 bps

20 bps

57 bps

4.8%

5.6%

5.4%

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Composition Revenue from operations

2,850

3,507

3,762

22%

26%

44%

7% 19%

28%

46%

22%

26%

44%

Q4 FY22

Q3 FY23

Q4 FY23

Interest Income

■

Spend Based

■

Instance Based & Others

■

Subscription Based

■

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Asset Quality

Asset Quality r----------------r

I I

r I

I I

Gross Credit Cost

-Gross Write off

-Provision

Recoveries

Net Credit Cost

r I

Gross Credit Cost %

Net Credit Cost %

PCR %

ECL %

Q4 FY23 (₹ Cr)

628

541

(152)

477

6.3%

4.8%

63.6%

3.3%

Q3 FY23 (₹Cr)

533

490

(143)

390

5.6%

4.1%

64.2%

3.3%

QoQ (%) YoY (%)

I I

, r---------- YoY (%)

FY23 (₹ Cr)

1 I I

I I I

18%

10%

60%

18%

107%

-232%

22%

-4%

102%

76 bps

115 bps

72 bps

169 bps

-1 r

2,155

1,889

267

(585)

1,570

5.9%

4.3%

-4%

-33%

-148%

16%

-10%

-231 bps

-209 bps

-65 bps

-167 bps

63.6%

-167 bps

5 bps

-16 bps

3.3%

-16 bps

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Receivables (Composition Mix)

31,281

38,626

40,722

2% 8%

89%

2% 6%

92%

2% 5%

92%

Q4 FY22

Stage 1

■

Q3 FY23

Stage 2

■

Q4 FY23

Stage 3

■

2.35%

GNPA %

---------------- L------------------------ ------------- 9 bps NNPA % ,,, ....

---------------- ▪ Gross credit cost increased to 6.3% vs 5.6%, 20 bps increase on account

0.87%

0.80%

9 bps

7 bps

13 bps

14 bps

2.22%

1 I

' \

13 bps

2.35%

of change in model estimation

▪ Portfolio actions taken on sub segment of a legacy portfolio to control

credit cost

~--------------------------------------------------

.,,,.

I I I I I I I I I I I I \

Provision (% of NEA)

1,273 64.2%

1,094 65.3%

7.0% 1.6% Q4 FY22

4.9% 1.7% Q3 FY23

1,361

63.6%

4.7% 1.7% Q4 FY23

Stage 1

■

Stage 2

■

Stage 3

■

I I I I I I I I I I I ✓

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Borrowings & Capital Adequacy

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;

I I I

Borrowings Mix ,-----------------------------------------------------------, ' 4% \

Capital Adequacy

33% 4%

62%

32% 5%

61%

30% 4%

63%

30% 2%

65%

26%

66%

CAR

Tier 1

23.8%

24.7% 0--------------18 - 21.5%

21.0%

23.2% ;q - 20.2%

23.3%

a _ -

20.6%

23.1% 9 20.4%

I I

Q4 FY22

Q2 FY23 NCD ', __________________ ■ ______ ■ ___ · ---- ■ -------------------------'

Q4 FY23

Q3 FY23

Q1 FY23

WCDL

Q2 FY23 , ____________________________________________________________ ; '

Q4 FY23

Q3 FY23

Q1 FY23

Q4 FY22

COF Trend

LCR

79%

84%

82%

85%

86%

' - - - - .

5.2%

5.1% • 4.9%

5.1%

5.9%

- - - - • - - - - •

6.4%

6.3%

5.4%

6.8%

6.7%

------•----•--- -•------

70%

60%

•

I \

Q4 FY22

Q1 FY23

Q3 FY23

COF % ~ -

Weighted Daily Average COF %

Q2 FY23 ,, ___________________________________________________________ , . ; ,. .... I I I I I

Credit Ratings ▪ , ________________________________________ ,. ▪ '

Short Term : A1+ by CRISIL & ICRA Long Term : AAA/Stable by CRISIL & ICRA CRISIL & ICRA

Q4 FY23

\ I I I I I

I I

Q4 FY22

Q1 FY23

Q3 FY23

Q2 FY23 ~ _.,_ , ___________________________________________________________ ; ', LCR % ,. I I I I I

• • COF on increasing trend with a lag as loan portfolio reprices , ________________________________________ ,. '

LCR requirement increased by 10% from Dec 2022

Stat. Requirement

Q4 FY23

,' ....

\ I I I I I

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ESG

ESG Update

Inauguration Ceremony at the Composting Plant with SAAHAS

ENVIRONMENTAL

Climate Change

Carpool Promotion Campaign About 20% employees in Gurgaon enrolled for carpool. Regular awareness and promotion campaigns to reduce carbon emissions

Materials Recycle Facility (MRF) A CSR initiative where one MRF (50 TPD) in Ghaziabad is being set – up along with the implementation of decentralized solid waste management at 25 societies through composting Aero bins

Operationalized Composting Plant in Gurugram in association with SAAHAS

International Women’s Day Celebration at SBIC Office with Ms. Babita Phogat

Waste Reduction & Recycling

Sanitary Waste Management Installation of ‘Padcare’ Bins to recycle plastic pads while ensuring wellness of women; currently covering 34% women population

Energy Consumption

About 12% power saving with enhancements in PAC (Precision Air Conditioning)

Financial Literacy Workshop organized for Women by women network

I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

I :m

SOCIAL

Inclusion & Diversity

Financial Literacy Workshop for SBI Card Women Employees Specially curated & organized by inhouse Women network team

International Women’s Day celebrated with fervor including a motivational talk from Ms. Babita Phogat (Indian Wrestling Champion)

Employee Engagement and Welfare

Launched Employee Assistance App (Mental Wellbeing) for employees and their dependents

15 Wellness Webinars Conducted on topics covering Ayurveda, Family and Financial Wellbeing

1674+ Employees availed Annual Health Checkup benefit to track their Physical Wellbeing which was a 30%+ jump from last year.

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GOVERNANCE

Innovative Technologies & Products

Added layer of security on Mobile App by introducing SIM binding authentication feature on SBI Card App

End to end digitization of KYC across customer lifecycle leading to improved optimization

Risk Management & Compliance

Vendor Onboarding and Risk Management tool Implemented to minimize risk exposure.

Business Ethics

100% training penetration of Treating Customers Fairly and Competitor Contact training

Employee awareness/ education on World day of Social Justice and Treating Customers Fairly

I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

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Shareholders Summary

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Shareholding Pattern, 31st March 2023

Top 20 Shareholders as on 31st March 2023

Insurance 4.63%

Others 1.36%

Resident Individuals 4.38%

MF 12.16%

FPI 8.45%

S. No 1

State Bank Of India

Name of Shareholder

5 6

7 8

16 17

18 19

Life Insurance Corporation Of India - P & Gs Fund

Life Insurance Corporation Of India

Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund

Government Pension Fund Global Mirae Asset Large Cap Fund

ICICI Prudential Long Term Equity Fund Tax Savings ICICI Prudential Life Insurance Company Limited

ICICI Prudential Value Discovery Fund

Nippon Life India Trustee Ltd-A/C Nippon India Large Cap Fund Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds

Mirae Asset Focused Fund

Vanguard Total International Stock Index Fund

Mirae Asset Tax Saver Fund

Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund

Mirae Asset Emerging Bluechip Fund Indus India Fund (Mauritius) Limited

Nippon Life India Trustee Ltd-A/C Nippon India Focused Equity Fund Abu Dhabi Investment Authority - Monsoon

Hdfc Trustee Company Limited - Hdfc Tax Saverfund

% 68.98

1.99

1.83

1.06

0.75 0.70

0.59 0.52

0.45

0.43

0.42

0.40

0.37

0.34 0.34

0.33 0.31

0.30

Promoter Group SBI & Subs. 69.02% (SBI – 68.98%)

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Annexures

Balance Sheet Statement

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All figures are in ₹ Cr.

Balance Sheet Assets Loans (Net) Cash & Bank Balances Investments Other Financial Assets Total Financial Assets PP&E, Intangible & Right of use assets Tax Assets All other non-financial Assets Total non-financial Assets Total Assets

Liabilities and equity

Equity Share Capital Other Equity Total Equity Borrowings All other financial liabilities Total financial liabilities Provisions Other non-financial liabilities Total non-financial liabilities Total liabilities and equity

Mar’22

Mar’23

30,187 1,106 1,297 382 32,973 454 260 962 1,676 34,648

943 6,810 7,753 22,982 2,700 25,683 477 736 1,213 34,648

39,361 1,354 2,140 559 43,414 574 252 1,306 2,132 45,546

946 8,884 9,830 31,110 3,091 34,201 638 876 1,514 45,546

Profit & Loss Statement

P&L

Q4 FY22 Q3 FY23

Interest Income Fees and commission income Sale of Services Business development incentive income Insurance commission income Net gain on fair value changes Total Revenue from operations Total Other Income Total Income/Revenue

Finance costs Fees and commission expense Net loss on fair value changes

Net loss on derecognition of financial instruments under amortized cost category

Impairment on Financial Instruments Employee benefits & Expenses

Depreciation, amortisation & impairment

Operating & Other expenses

Total expenses Profit before tax Profit after tax

1,266 1,427 35 121 1 - 2,850 166 3,016 267 302 -

393 121

1,115 2,237 779 581

1,609 1,670 47 181 1 - 3,507 149 3,656 464 349 -

533 142

1,442 2,972 684 509

\ I

,,------ ' Q4 FY23 1,672 1,786 45 258 1 - 3,762 154 3,917 507 403 -

630 152

1,380 3,117 800 596 '-----

FY22 4,866 5,227 132 448 5 - 10,677 624 11,302 1,027 1,023 -

FY23 6,153 6,604 166 740 3 - 13,667 619 14,286 1,648 1,372 -

2,256 473

149

4,200 9,129 2,172 1,616

2,159 562

164

5,351 11,255 3,031 2,258

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All figures are in ₹ Cr.

Operating Costs

r-------------,-----------------------1 r--------------,

I Q4 FY23 Q3 FY23 QoQ (%) I

YoY (%)

I I

FY23

YoY (%)

I I

Employee Cost

Depreciation

152

142

Fees and commission expense

403

349

10%

15%

Other operating expenses

1,380

1,442

-4%

Operating Costs

1,980

1,974

26%

15%

33%

24%

26%

Cost to Income %

~-------------~-----------------------·

-379 bps

71 bps

61.9%

58.1%

562

164

1,372

5,351

7,448

19%

10%

34%

27%

58.9%

205 bps

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All figures are in ₹ Cr.

Operating Leverage

6.5%

(1.5)%

6.8%

0.3%

QoQ Vs. Q3 FY23

25.6%

24.0%

YoY Vs. Q4 FY22

■

Net revenue growth

Opex growth

■

Explaining Returns r-------------,-----------------------1

I I

Interest Income

I Q4 FY23 Q3 FY23 QoQ (%) I I I

-11 bps

15.2%

15.1%

YoY (%)

I I

I I I I

-6 bps

15.3% -101 bps

I I I I

r----------1

FY23

YoY (%)

Fees and other Income

18.9%

18.1%

89 bps

-18 bps

18.7% -112 bps

Recoveries

Total Revenue

Finance Costs

1.4%

1.3%

2 bps

-51 bps

1.5%

-23 bps

35.4%

34.6%

80 bps

-76 bps

35.4% -236 bps

4.6%

4.4%

19 bps

138 bps

4.1%

65 bps

Operating Costs

17.9%

18.7%

-79 bps

-101 bps

18.5% -107 bps

Earnings before Credit Costs

12.9%

11.5%

140 bps

-113 bps

12.9% -194 bps

Credit Costs

5.7%

5.0%

65 bps

98 bps

5.4% -219 bps

PBT

Taxes

ROAA

7.2%

6.5%

75 bps

-211 bps

7.5%

25 bps

1.8%

1.7%

18 bps

-54 bps

1.9%

6 bps

5.4%

4.8%

57 bps

-157 bps

5.6%

20 bps

Avg Assets/Avg Equity

~-------------~----------------------- ~----------

24.6%

22.0%

255 bps

-583 bps

25.3% 245 bps

ROAE

4.6

4.5

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Structural Liquidity (ALM)

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All figures are in ₹ Cr.

Asset Liability Maturity Profile – Mar’23

11,169

6,570

6,023

6,553

6,299

6,424

5,994

6,809

4,193

3,932

4,134

4,683

4,092

3,543

2,027

1,722

1,697

3,025

1,374

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2-3M

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Inflows

■

Outflows

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Cumulative Mismatch

4,543

7,013

9,105

9,358

7,068

11,364

10,816

8,689

8,144

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sanctioned bank lines unutilized & available for draw down as of Mar’23

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Product Brief

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Market Share

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Dominant credit card player in India

CARDS IN FORCE

SPENDS

TRANSACTIONS

18.3%

19.1%

18.7%

19.7%

17.9%

19.4%

19.2%

18.2%

17.7%

19.7%

19.8%

18.2%

FY20

FY21

FY22

FY23 *

FY20

FY21

FY22

FY23 *

FY20

FY21

FY22

FY23*

*As per RBI report available till Mar’23

Recent Developments

Launch of CASHBACK SBI Card, the most comprehensive Cashback credit card ever!

The card offers 5% Cashback on online spends without any merchant restrictions and 1% Cashback on offline spends.

CASHBACK SBI Card launched through TV and Digital Advertising, along with PR activity.

For Digital Launch, popular celebrities/ social media influencers were leveraged as part of the #NotAHack campaign.

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The ET Best Brands 2022

SBI Card has been recognised as ‘The ET Best Brands’ for the year 2022.

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Over the years, SBI Card has earned the trust of millions of customers owing to its customer-centric approach. The recognition by The Economic Times is an acknowledgement of the consumers’ appreciation towards the brand’s efforts to make life simple for them.

The recognition was conferred to SBI Card through a detailed consumer survey carried out by The Economic Times, that acts as a voice for the Indian consumers.

SBI Card SPRINT

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Launch of PSB SBI Card

SBI Card launched SPRINT, an end-to-end digital application process for customers that enables instant card issuance to Existing & New to SBI Card segment.

The new process offers digital application submission on the SBI Card website, Digital KYC (using Digilocker), alternate data integration and instant decision-making based on AI and ML models for the customers with real-time card issuance.

Think it. Get it.

Now get an SB! Credit Card instantly!

While you proceed, we request you to keep following details handy:

PAN Photograph

• Aadhaar number Bank Ne details

Start apply journey ➔

Retrieve application ➔

Punjab & Sind Bank, one of the leading public sector banks in India, has partnered with SBI Card, to launch co-brand credit cards for its customers.

Under the partnership, three card variants have been launched which will cater to the spending needs of the esteemed customers of Punjab & Sind Bank, across mass, mass premium and premium segments.

ESG Journey

Embarked on ESG journey

Completed the Stakeholder Engagement and Materiality Assessment (SEMA) t here.

First Business Responsibility & Sustainability Report along with GRI-based Sustainability Report to be published ere.

FY 2021- 2022

FY 2022-23

FY 2023-24

Established Internal Committee on Sustainability & Business Responsibility

ESG added in Terms Of Reference of the CSR Committee; renamed as Corporate Social Responsibility & ESG Committee

Our ESG strategy is aligned with and contributes to relevant Sustainable Development Goals (SDGs)

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Way Forward

ESG Goals & Targets

Short, medium and long term goals and targets to measure the impact on environment and society

Lifecycle Assessment

Undertaking study to assess the environmental impacts of our products/ services

GHG Emission

Calculation of Greenhouse Gas emitted from our business operations and value chain partners (Scope 1. 2 and 3)

Glossary

Term

Description

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New Accounts

Sum of all accounts opened in a reporting period.

Card-in-force

Spends Receivables

Sum of all credit cards issued by us, including suspended credit cards that may be reactivated in future, net of cancelled and deactivated credit cards.

Total card spends constitutes the aggregate notional amounts transacted by our cardholders in a reporting period. Total credit card receivables outstanding from our cardholders at end of the reporting period.

Market share – CIF

Market share of total cards outstanding is calculated by dividing our total cards outstanding by the industry-wide total cards outstanding, as obtained from data published by the RBI.

Market share – Spends

Market share of total card spends is calculated by dividing our total card spends by the industry-wide total card spends, as published by the RBI, for the reporting period.

Averages

2-point average for quarter and 5-point for yearly calculations

Spends per card

Average card spends per cards outstanding is calculated by dividing our total card spends by the average total cards outstanding for the period (annualized)

Average loans per cards

Average loans per cards outstanding is calculated as total loans at the end of the reporting period divided by total cards at the end of the reporting period.

Yield %

COF %

Calculated as interest income from cardholders divided by average receivables for the period (annualized)

Calculated as total finance costs for the period divided by average borrowings (including lease liabilities) for the period (annualized)

Cost to Income %

We calculate our cost to income ratio as operating and other expenses divided by total income after subtracting Finance cost.

ROAA

ROAE

EPS

Calculated as net profit divided by average total assets for the period (annualized)

Calculated as net profit divided by the average shareholders’ equity for the period (annualized)

Earning per share is for the period and not annualized

Shareholders’ equity

Shareholders’ equity is defined as sum of share capital, reserves and surplus excluding reserves created out of amalgamation

Disclaimer

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The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or purchase any securities of SBI Cards and Payment Services Limited in India or in any other jurisdiction. This presentation is not intended to be a prospectus or an offer document under any applicable law.

This presentation may contain certain forward looking statements which have purely been made basis Management’s expectations, assumptions and estimates, known or unknown risks. Such statement typically contain the terms / phrases (including but not limited to) “will”, “believe”, “aim”, “may”, “would”, “expect”, “would /may result”, “goal”, “strategy”, “anticipate”, “intend”, “seek”, “plan”, “objective”, “contemplate”, “project”, “anticipate”, etc., These statements are neither factual nor based nor do they constitute any historical information about the Company and are subject to change / uncertainties in future. The actual financial or other results may materially differ from such statements and the investors are advised not to make any decisions merely on these. The Management is further not expected to update these in future as and when there is a change impacting such estimates / possibilities.

The recipients should carry their own due diligence in respect of the information contained in the presentation.

This presentation is strictly confidential and is intended only for the exclusive use of the recipients thereof, subject to the provision state herein, and may not be disclosed, reproduced, retransmitted, summarized, distributed or furnished, in whole or in part, to any other person.

This presentation should not form basis or be relied upon in any connection with any contract or commitment whatsoever.

Figures for previous period/year have been regrouped or recategorized wherever necessary to conform to the current period’s/year’s presentation. Totals in some columns/rows/graphs may not agree due to rounding-offs.

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Thank You

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