SBICARDNSE28 July 2023

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

SBI Cards and Payment Services Limited

July 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 Requirements) Regulations, 2015, we enclose herewith a copy of presentation made for Analysts / Investors on Financial Results of the Company for the quarter ended June 30, 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

Encl:.aa

SBI Cards and Payment Services Ltd.

DLF Infinity Towers, Tower C,

Tel. : 0124-4589803

Registered Office:

12th Floor, Block 2, Bui lding 3,

Email: customercare@sbica rd .com

Unit 401 & 402, 4th. Floor, Aggarwal Millennium Tower,

DLF Cyber City, Gurugram - 122002,

Website: sbicard.com

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

Haryana , India

CIN - L65999 DL 1998 PLC093849

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INVESTOR PRESENTATION

Q1 FY24

25~1- ENfi:'BLING EVERYDAY MOMENTS OF JOY.

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INDEX

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Key Highlights

Portfolio Growth

Financial Update

Asset Quality

Borrowings & Capital Adequacy

ESG

Shareholders Summary

Annexures

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Key Highlights

Key Highlights for Q1 FY24

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Continued business growth, focus on profitable segments

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

10.97 lacs  22% YoY  20% QoQ

CIF

1.73 Cr  21% YoY  3% QoQ

Spends

₹ 37,730 Cr+ ₹ 73,913 Cr Receivables  24% YoY  41% YoY  3% QoQ

Receivables

₹ 43,271 Cr  30% YoY  6% QoQ

t i l i

y t i l i

b a t i f o r P

PAT

₹ 593 Cr  5% YoY  1% QoQ

Cost to Income

56.4%  10 bps YoY  167 bps QoQ

ROAA

5.1%  194 bps YoY  31 bps QoQ

ROAE

23.3%  756 bps YoY  129 bps QoQ

e c n a a B

t e e h S

GNPA

2.41%

17 bps YoY 6 bps QoQ

NNPA

0.89%  9 bps YoY  2 bps QoQ

CAR

22.9%

 173 bps YoY  15 bps QoQ

LCR

86%

(Stat. Req. 70%)

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Portfolio Growth

Key Business Metrics

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New Accounts (Lacs)

Cards-in-force (Cr)

Receivables (₹ Cr)

9.02

12.95

16.34

13.71

10.97

22% YOY 20% QOQ

I I

' '

Q1 FY23

Q2 FY23

Q3 FY23 ---------------------------------------------------------- Retail Spends (₹ Cr) ;-------------------------------------------------- . ------, ✓ I ~ I

28% YOY 5% QOQ

Q4 FY23

Q1 FY24

;

.. 58,347

45,488

50,895

54,562

55,520

' '

Q1 FY23

Q2 FY23

Q3 FY23 ---------------------------------------------------------- Corporate Spends (₹ Cr) ;-------------------------------------------------- . ------, ✓ ~ I I I I

T 15,565

10% YOY 4% QOQ

Q4 FY23

Q1 FY24

16,166

I ✓

;

14,183

14,273

I I I I I I '

11,411

, __________________________________________________________ ; Q3 FY23

Q2 FY23

Q1 FY23

Q4 FY23

Q1 FY24

I I I I I I ✓

21% YOY 3% QOQ

1.68

1.73

30% YOY 6% QOQ

43,271

40,722

33,215

1.43

Jun'22

Mar'23

Jun'23

Jun'22

Mar'23

Jun'23

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

✓

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

Interventions to focus on sourcing of profitable segments.

▪ ▪ Net card additions ~ 600 K, aspire to continue ~20%

market share in net addition.

▪ Robust growth in retail spends, Corporate spends ~ 21% of

overall spends IBNEA increased to 62% vs 61% PQ

▪

I / ✓

Key Insights:

Portfolio Growth

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• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••••♦

♦•••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••••♦•

•.

Spend per Avg Card (₹ ‘000)

170

130

171

140

179

142

176

136

173

137

Receivable per Card (₹)

23,202

25,445

24,318

24,293

24,949

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q1 FY24

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q1 FY24

Ret+Corp

■

Ret

■

30 day spend active rate %

50%

51%

50%

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q1 FY24

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

Receivables(₹ Cr)/Mix %

33,215

37,730

38,626

(

\ I I I I I

61%

35%

26%

38%

I I I I I \

35%

24%

41%

37%

24%

39%

61%

43,271

40,722 Interest Earning Receivables \ \ I I 11 I 11 I 11 I 11 I I \

62%

37%

38%

24%

39%

38%

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q1 FY24

. . Revolver ••······ ........................................................................................... ·····••

Transactor

EMI

■

Strong momentum on spends growth leading to higher receivables and increased IBNEA

Retail Spends Insights

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Online Spend %

52%

44%

54%

57%

55%

FY20

FY21

FY22

FY23

Q1 FY24

Spends Categories

Total Spends

POS Spends Online Spends

% Growth^

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

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

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

17%

11%

41%

11%

15%

^ Q1 FY24 Over Q4 FY23 | Category analysis excludes Fuel & Automotive Service category.

~ I

POS growth faster than online in Q1 FY24 Travel, Dining & Entertainment continues to grow at 11% QoQ vs 5% overall growth -------------------------------------------------------------------------------------------------------------------------------------------------------------------~

I I I

I I

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Financial Update

Key Financials

Revenue from operations ,' - I I I

3,297

3,100

3,507

3,762

3,912

• A

- - 26% YOY 4% QOQ

'\ I I I I I

PAT Trend

All figures are in ₹ Cr.

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T T

5% YOY 1% QOQ

, ___________________________________________________________ /

Q1 FY23

Q2 FY23

Q3 FY23

Q4 FY23

Q1 FY24

I I

627

596

593

526

509

Interest Cost

,,- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -1,.. -- - - - - - '\

368

464

507

571

. .

308

Q1 FY23

Q2 FY23

'----------------------------------------------------------' Operating Cost

Q3 FY23

Q4 FY23

Q1 FY24

85% YOY 13% QOQ

1,663

1,834

1,974

1,980

1,960

18% YOY 1% QOQ

, __________________________________________________________ ;

Q1 FY23

Q2 FY23

Q1 FY24

Q4 FY23

Q3 FY23

Credit Cost ,'.,,,. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -A - - - - - - -, '

I I

450

546

533

630

. .

719

60% YOY 14% QOQ

,, __________________________________________________________ ,'

Q2 FY23

Q1 FY24

Q4 FY23

Q1 FY23

Q3 FY23

: I

I I I

I I I I I I I I

Q1 FY23

Q3 FY23 '-----------------------------------------------------------' Key Insights:

Q1 FY24

Q4 FY23

Q2 FY23

I I

▪ COF increased by 37bps, due to increased proportion of

long- term borrowings

▪

Interest income yield increased by 20 bps, helped absorb higher COF, NIM almost stable at 11.5%

▪ Gross credit cost

increased to 6.8% vs 6.3% PQ. Specific segments identified and actions underway to reduce credit cost.

P&L Summary

Total Income

-Revenue from Operations

-Interest Income

-Fees & Other Revenue

-Other Income

Interest Cost

Operating Cost

Earning Before Credit Cost

Credit Cost

PBT

PAT

Q1 FY24

Q4 FY23

QoQ

4,046

3,912

1,804

2,108

134

571

1,960

1,515

719

797

593

3,917

3,762

1,672

2,090

154

507

1,980

1,429

630

800

596

-13%

13%

-1%

14%

-0%

-1%

YoY

24%

26%

30%

23%

-17%

85%

18%

17%

60%

-5%

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

16.9%

16.7%

20bps

-13bps

7.1%

11.5%

56.4%

6.8%

6.7%

11.5%

58.1%

6.3%

37bps

-8bps

-167bps

51bps

197bps

-176bps

10bps

129bps

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

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

-194bps

-31bps

5.4%

5.1%

All figures are in ₹ Cr.

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Revenue from operations(₹ Cr) (Composition Mix %)

3,100

3,762

3,912

7% 21%

27%

45%

7% 22%

26%

44%

7% 21%

26%

46%

Q1 FY23 Interest Income

■

Q4 FY23

Q1 FY24

Spend Based

■

Instance Based & Others

■

Subscription Based

■

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Asset Quality

Gross Credit Cost

-Gross Write off

-Provision

Recoveries

Q1 FY24

Q4 FY23

718

622

(116)

628

541

(152)

QoQ

14%

15%

10%

(24%)

YoY

60%

53%

132%

(22%)

Net Credit Cost L---------------------~-------------------------------~ r---------------------7-------------------------------, Gross Credit Cost %

129 bps

51bps

6.8%

6.3%

101%

26%

477

603

I I I I

5.7%

63.8%

3.4%

2.41%

0.89%

4.8%

63.6%

3.3%

2.35%

0.87%

94 bps

24 bps

3 bps

6 bps

2 bps

202 bps

-129 bps

-5 bps

17 bps

9 bps

----------------------------------------------------, Actions underway to control credit cost

▪ Specific cohorts identified for portfolio action

▪ Collection efforts intensified '----------------------------------------------------

Net Credit Cost %

PCR %

ECL %

GNPA %

NNPA %

I I I I

/ I I I I I I I \

All figures are in ₹ Cr.

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Receivables (₹ Cr) (Composition Mix %)

33,215

40,722

43,271

2% 8%

89%

2% 5%

92%

2% 5%

92%

Q1 FY23

Stage 1

■

Q4 FY23 Stage 2 ■

Q1 FY24 Stage 3

■

Provision(₹ Cr) (% of NEA)

1,136 65.1%

1,361 63.6%

1,457 63.8%

5.8% 1.7% Q1 FY23

4.7% 1.7% Q4 FY23

4.8% 1.7% Q1 FY24

Stage 1

■

Stage 2

■

Stage 3

■

I I I I

\ I I I I I I I ✓

Portfolio Insights

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········· ............................................................................................................................................................................................................................... ······· . .. ..

~ ~

. / . . . . . .

g n c r u o S w e N

4 2 Y F 1 Q r o F

46%

New Accounts

Salaried Category

Age Profile

46%

54%

29%

17%

34%

23%

25%

49%

32%

By City Tier

27%

. . ~ . . . . .

■

Govt/PSU Salaried 61%; Self employed 39%

Cat A

■

Cat B

Under 30

■

31-45

■

>45

■

Tier 1

■

0.99

36%

0.82

25%

0.75 36%

1.20

21%

■

Tier 2 Tier 3 Tier 3/Others: 55% 1.08

16%

SBI

■

Open Market

■

1.06

58%

e c r o F

- n

- s d r a C

3 2 n u

0 3

n o s A

~ . . . ••

42%

0.82

28%

1.09

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

Govt/PSU ■ Salaried 80%; Self employed 20%

Tier 3 Tier 2 Tier 3/Others: 38%

Indexed 30+ delinquency

Open Market

Under 30

Others

31-45

Tier 1

Cat A

Cat B

>45

SBI

■

. . : .. :

22%

1.05

54%

23%

0.98

1.00

18%

Others

■

39%

0.97

Asset Quality by Sourcing Vintage

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Delinquency (Ever 90+%) by Sourcing Vintage (Excl. RBI RE and SCSS)

Self-Employed Segment

1.64

0.9

0.86

0.59

6 MOB

12 MOB

24 MOB

30 MOB

36 MOB

CY17

CY18

---

CY19

CY20

' '

- ~ ,'

CY21

CY22

✓

I I I

----------------------------------------------------------

;

I I \

', -

Q3 FY20 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24

Indexed 30+ Delinquency

Indexed Sourcing Share Growth

--------------------------------------------------- Strategically increased sourcing from self-employed segment and tier3/4 segments

-------------------------------------------------- Tier 3/4

•

;

✓ I I

• Delinquency curve for CY19 sourcing relatively worse • • Credit cost expected to trend lower as proportion of newer

Performance of recent sourcing in line with expectations

(better quality) vintages increases

Q3 FY20 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24

, __________________________________________________ , ; I ✓

Indexed Sourcing Share Growth

Indexed 30+ Delinquency

•

Tier 3-4 delinquencies showing downward trend

0.75

,,'

;

1.67

0.9

Actions underway

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Pre-acquisition

Portfolio Management

Collectionss

❖ Low limit card sourcing

restricted

❖ Locations curtailed basis

viability

❖ Tightened

controls

new acquisitions

:·· · · · · · · · · · · · · · · · · · i ❖ Credit

line reduction in

high-risk segments

............................................................................................................... 1

1······································1 ❖ Cross sell for

exposure high-risk

restricted segments

............................................................................................................ ..1

: i : : : :.

I ❖ Customized digital

·······························································································. interventions to drive contacts and payments i::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::11 ❖ Strengthening Collection infra in remote locations. ·············································································································..i

: i : : : :

❖ Field allocation strategy fine-tuned to build more intensity

Specific segments identified and actions underway to reduce credit cost….

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Borrowings & Capital Adequacy

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;

I I I

Borrowings Mix ,-----------------------------------------------------------, ' 3% \

13%

32% 5%

61%

30% 4%

63%

30% 2%

65%

26%

66%

24%

64%

Capital Adequacy

CAR

24.7%

23.2%

23.3%

23.1%

22.9%

Tier 1

0~~-~~-~-------<0>-------•------<0 _ _ _ _ 21.5%

20.2%

20.6%

20.4%

20.3%

I I

Q1 FY23

Q3 FY23 NCD ', __________________ ■ ______ ■ ___ · ---- ■ -------------------------'

Q1 FY24

Q4 FY23

Q2 FY23

WCDL

Q3 FY23 , ____________________________________________________________ ; '

Q1 FY24

Q4 FY23

Q1 FY23

Q2 FY23

COF Trend

LCR

5.2% • • 5.1%

5.9% - - - - 1 5.4%

6.4%

- - - - • - - -

6.3%

6.8%

6.7%

7.1% • 7.1%

84%

82%

------ .. -- --•----•------

70%

85%

86%

70%

60%

•

I \

Q2 FY23

Q1 FY23

Q4 FY23

COF % ~ -

Weighted Daily Average COF %

Q3 FY23 ,, ___________________________________________________________ , . ; ,. .... I I I I I

Credit Ratings ▪ , ________________________________________ ,. ▪ '

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

Q1 FY24

\ I I I I I

I I

LCR %

Q4 FY23

Q1 FY23

Q2 FY23

~ _..,.

Q3 FY23 , ___________________________________________________________ ; ', ,. I I I I I

• • COF increased by 37 bps QoQ due to increased proportion of , ________________________________________ ,. '

LCR requirement increased by 10% from Dec 2022

long-term borrowings

Stat. Requirement

Q1 FY24

,' ....

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ESG

ESG Q1 FY24 Update –Creating Value with ESG

Environmental

5.25 Lac+ Trees Saved (From FY’18 to FY’24 (till Jun’23) Through paperless communication with customers

75000 Tree Saplings plantation initiative started with SankalpTaru Foundation under our Pehel program near our 6 office locations

Increasing Awareness Amongst Employees

World Earth Day and World Environment Day Celebration with Employees Constant awareness campaigns & plantation drives during the quarter.

Sewage Treatment Plant operational in Chennai Office resulting in 50% water outflow saving

Awareness drives to reduce food wastage in 2 major locations initiated amongst employees in cafetarias

Employee Engagement & Welfare

Employee Learning & Development

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Serving Communities

Rural Development added as a new focus area with an aim to undertake projects that will augment the quality of life in rural regions identified

Reach of our CSR projects increased to 20 states/ union territories in India

Social

Easy and convenient self-access provided to employees offering various wellness & insurance benefits: ✓ Ocktolife App and Portal for Insurance Benefits enrollment and Integrated Wellness Services

✓ Annual Health Checkup on Alyve App with an additional

voluntary coverage of spouse

✓ Continued services of United We Care App supporting employees & dependents in managing their mental wellbeing

✓ Unlimited medical teleconsultations on Mfine App for

employees & their dependents

15K+ hours invested in competency & skills enhancement trainings covering 98.5% employees

New Projects:

Skill Development:

Inclusion & Diversity

Financial Literacy Workshop for Women Employees was held on 26th & 27th June 2023 organized by internal women network (AIM)

✓ Project with Healthcare Sector Skill

Council (HSSC) to train 540 youths in Health Care job roles

✓ Project with Noida Deaf Society to enable 650 deaf youth with professional job-related skills and successfully enabling them to be employed.

Code of Conduct awareness campaign & mandatory acknowledgment taken from all employees.

Governance

Data Privacy & Security

✓ PCI DSS Certification received assuring cardholders’ data security standards

Innovative Technologies & Digitization

✓ Revamped SBI Card Mobile app for customers with easy navigation features for customers

✓ Information and Cyber Security training rolled out

to all employees to spread awareness on Information Security and data privacy

✓ Improved Customer experience by newly launched digitized credit card statement delivery through WhatsApp to customer

Healthcare:

✓ Project to support 125 uniquely

identified elderly beneficiaries by providing with food, medical care at SHEOWS Old Age Home Delhi and SHEOWS Old Age Home Garhmukteshwar

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Shareholders summary

Shareholders Summary

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Shareholding Pattern, 30th June 2023

Top 20 Shareholders as on 30th June 2023

Insurance 4.66%

Others 1.36%

Resident Individuals 3.75%

MF 11.79%.

FPI 9.48%

S. No 1

State Bank Of India

Name of Shareholder

7 8

9 10

16 17 18

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

Icici Prudential Life Insurance Company Limited

Mirae Asset Large Cap Fund Icici Prudential Long Term Equity Fund Tax Savings

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 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 Focused Fund

Mirae Asset Emerging Bluechip Fund Nippon Life India Trustee Ltd-A/C Nippon India Focused Equity Fund Hdfc Trustee Company Limited - Hdfc Tax Saverfund

Abu Dhabi Investment Authority - Monsoon

Icici Prudential Banking And Financial Services Fund

% 68.96

1.99

1.83

1.06

1.02

0.69

0.65 0.55

0.45 0.43

0.43

0.40

0.39

0.37

0.36

0.34 0.33 0.33

0.33

0.29

Promoter Group SBI & Subs. 68.96% (SBI – 68.96%)

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Annexures

Balance Sheet Statement

All figures are in ₹ Cr.

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Description Assets Loans (Net) Cash & Bank Balances Investments All 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’23

Jun’23

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

41,813 1,228 2,053 696 45,790 550 260 1,316 2,126 47,916

946 9,478 10,424 32,957 2,986 35,943 631 918 1,549 47,916

Profit and Loss Statement

All figures are in ₹ Cr.

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Description

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

Impairment on Financial Instruments

Employee benefits & Expenses Depreciation, amortisation & impairment Operating & Other expenses

Total expenses

Profit before tax

Profit after tax

Q1 FY23

Q4 FY23

,------ ' Q1 FY24

\ I

1,387

1,538

140

3,100

163

3,263

308

331

450

139 39 1,155 2,422

841

627

1,672

1,786

258

3,762

154

3,917

507

403

630

152 45 1,380 3,117

800

596

1,804

1,898

170

3,912

134

4,046

571

393

719

145 48 1,374 3,250

797 593 , ____ _

✓

Explaining Returns

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Interest Income

Fees and other Income

Recoveries

Total Revenue

Finance Costs

Operating Costs

Earnings before Credit Costs

Credit Costs

PBT

Taxes

ROAA

Avg Assets/Avg Equity

Q1 FY24

Q4 FY23

15.4%

18.2%

1.0%

15.1%

18.9%

1.4%

34.6%

35.4%

4.9%

16.8%

13.0%

6.2%

6.8%

1.7%

5.1%

4.6

4.6%

17.9%

12.9%

5.7%

7.2%

1.8%

5.4%

4.6

QoQ

33bps

-71bps

-38bps

-76bps

30bps

YoY

-8bps

-113bps

-66bps

-187bps

144bps

-111bps

-183bps

5bps

46bps

-41bps

-10bps

-31bps

-148bps

111bps

-259bps

-65bps

-194bps

ROAE

23.3%

24.6%

-129 bps

-756 bps

Structural Liquidity (ALM)

Assets Liability Maturity Profile – Jun’23

7,281

6,435

7,067

6,559

6,627

6,423

4,549

3,899

4,336

6,600

4,993

All figures are in ₹ Cr.

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11,802

✓ Well Matched ALM ✓ ₹ 4,066 Cr (16%) of

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

2,066

1,607

3,117

3,158

2,757

2,882

2,845

829

1-7 D

8-14 D

15-30/31 D

1-2M

2-3M

3-6M

6-12 M

1y-3y

3y-5y

>5 yr

Cumulative Mismatch

Inflows

■

Outflows

■

5,215

8,158

10,695

11,202

8,912

12,218

12,618

11,011

8,958

Product Brief

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Super Premium

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Dominant credit card player in India

CARDS IN FORCE

SPENDS

TRANSACTIONS

18.3%

19.1%

18.7%

19.6%

19.4%

19.2%

17.9%

17.8%

17.7%

19.7%

19.8%

17.4%

FY20

FY21

FY22

FY23 *

FY20

FY21

FY22

FY23 *

FY20

FY21

FY22

FY23*

*As per RBI report available till June’23

Recent Developments

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SBI Card Silver Jubilee – Integrated Campaign

Launch of Paytm SBI Card on RuPay Network.

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On the occasion of SBI Card completing 25 glorious years in May this year, an integrated campaign was rolled out to celebrate this momentous milestone. The offer-driven campaign was aimed to further deepen SBI Card’s connect with the customers while conveying them gratitude for their constant support to the brand.

Key Activities:

• Print Ad : Full page jacket ad across prominent

national dailies.

• Radio : A first-of-its-kind radio activity where listeners were delighted with 25 hours of ad- free music (Fever FM & Radio City in Delhi & Mumbai).

• Outdoor : OOH at select locations in Gurugram

& Mumbai.

• Digital : Comprehensive digital campaign

leveraging multiple touchpoints across social media platforms, through posts, tweets, stories ; along with elaborate promotion on leading platforms like TOI, ET, Network18 etc.

SBI Card, Paytm and NPCI joined forces to further drive credit inclusion with the launch of Paytm SBI Card on RuPay network.

Akshara Singh Ra1hore

Designed for the digitally-savvy customers, the card offers rewards and benefits when used on the Paytm App at online and offline stores.

SBI Card Mobile App UI Revamp

SBI Card Mobile App homepage UI has been revamped with the aim at creating clear visual hierarchy, bring richness and structure of content to simplify the customer journey and navigations.

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This project is being executed in phases with a core objective to ease self-servicing and increase convenience of booking cross-sell offers.

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ESG Engagements- Q1 FY24

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Waste Management Awareness campaign at 25 Resident Welfare Associations (RWAs) in Ghaziabad

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“World Environment Day” | Employee Awareness Programme on waste segregation & promote recycle products

“World Earth Day” | Plantation Drive in Sikanderpur, Gurugram

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Glossary

Term

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Description

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

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)

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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