SBICARDNSE25 July 2025

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

SBI Cards and Payment Services Limited

July 25, 2025

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 - Copy of Presentation made for

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, 2025.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For SBI Cards and Payment Services Limited

Payal Mittal Chhabra Chief Compliance Officer and Company Secretary Date and Time of event: - July 25, 2025 at 05:07 PM

Encl:.aa

SBI Cards and Payment Services Ltd.

DLF Infinity Towers, Tower C, 12th Floor, Block 2, Building 3, DLF Cyber City, Gurugram - 122002, Haryana, India

Tel.: 18001801290 Email: customercare@sbicard.com Website, sbicard.com

Registered Office, Unit 401 & 402, 4th_ Floor, Aggarwal Millennium Tower, E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi - 110034 CIN - L65999DL 1998PLC093849

INVESTOR PRESENTATION Q1 – FY 2025-26

INDEX

1

2

3

4

5

6

7

8

Key Highlights

Portfolio Growth

Financial Update

Asset Quality

Borrowings & Capital Adequacy

ESG

Shareholders Summary

Annexures

Key Highlights

Key Highlights for Q1 FY26

Continued growth in spends and receivables, Profit increases QoQ

New A/cs

8.73 lacs  3% YoY  21%QoQ

CIF

2.12 Cr  10% YoY  2% QoQ

Spends

₹ 93,244 Cr  21% YoY  6% QoQ

Receivables

₹ 56,607 Cr  7% YoY  1% QoQ

PAT

₹ 556 Cr  6%YoY  4% QoQ

Cost to Income

50.3%  140 bps YoY  108 bps QoQ

ROAA

3.4%  67 bps YoY  4 bps QoQ

ROAE

15.8%  335 bps YoY  24 bps QoQ

GCL%

9.6%  111 bps YoY  58 bps QoQ

GNPA

3.07%  1 bp YoY  1 bp QoQ

NNPA

1.42%  31 bps YoY  3 bps QoQ

CAR

23.2%  261 bps YoY  37 bps QoQ

s s e n i s u B

s e m u o V

l

y t i l i

b a t i f o r P

e c n a a B

l

t e e h S

4

Portfolio Growth

Key Business Metrics

New Accounts (Lacs)

Cards-in-force (Cr)

Receivables (₹ Cr)

9.04

9.04

11.75

11.09

3% YOY 21% QOQ

8.73

10% YOY 2% QOQ

7% YOY 1% QOQ

2.08

2.12

55,840

56,607

52,705

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

1.92

Retail Spends (₹ Cr)

15% YOY 3% QOQ

71,880

76,398

80,792

79,709

82,404

Q1 FY25

Q4 FY25

Q1 FY26

Q1 FY25

Q4 FY25

Q1 FY26

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Corporate Spends (₹ Cr)

▪ New accounts acquisition moderated in Q1

Key Insights:

5,249

5,495

5,301

107% YOY

25% QOQ

8,656

10,840

Retail spends continue to grow, Corporate spends see a path of recovery

Receivables increase 7% YoY & IBNEA% at ~60%

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

6

Portfolio Growth

Spend per Card (₹ ‘000)

Receivable per Card (₹)

162

151

169

158

173

162

172

177

155

157

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Ret+Corp

Ret

30-day Retail spend active rate %

50%

52%

52%

51%

52%

27,395

28,387

27,052

26,816

26,710

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Receivables(₹ Cr)/Mix %

52,705

55,601

54,773

56,607 55,840 Interest Earning Receivables

62%

38%

24%

38%

37%

23%

40%

36%

24%

40%

59%

35%

24%

41%

60%

36%

24%

40%

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Transactor

Revolver

EMI

7

Retail Spends Insights

Online Spend %

60.7%

58.9%

57.9%

56.9%

54.4%

Spends Categories

Retail Spends

% Growth^ POS Spends

Online Spends

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

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

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

4%

20%

68%

4%

5%

1%

7%

57%

111%

FY22

FY23

FY24

FY25

Q1 FY26

^ Q1FY26 Over Q1FY25 | Category analysis excludes Fuel & Automotive Service category

UPI Spends on Rupay Cards*

UPI Active CIF

UPI Spends

Avg. UPI Spend/Account/month

Tier 1

Tier 2+

25%

75%

21%

79%

Rs. 13.6K

Rs. 16.9K

• •

20% growth in UPI spends – Q1 FY26 vs Q4 FY25 Top 5 Categories for UPI Spends : Departmental Stores & Grocery | Utilities | Fuel | Restaurant | Apparel

*Active UPI users on Rupay Card Base of Jun’25

Financial Update

Key Financials

Revenue from operations

PAT Trend

4,359

4,421

4,619

4,674

4,877

12% YOY 4% QOQ

(All figures in ₹ Cr )

6% YOY 4% QOQ

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Interest Cost

767

788

829

795

813

6% YOY 2% QOQ

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Operating Cost

594

534

556

404

383

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

1,816

2,011

2,107

2,073

2,123

17% YOY

2% QOQ

Key Insights:

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Credit Cost

Credit Cost

1,101

GWO

969

Provision

132

1,212

1,106

107

1,313

1,354

1,245

1,303

(41)

(59)

23% YOY

9% QOQ

1,352

1,280

72

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Revenue grows 4% QoQ, increase driven by both interest income and fees

COF improves to 7.1% vs 7.3%* vs last quarter, NIM improves to 11.2% vs 11.1%* during the same period

▪ Write offs decline by ₹ 24Cr

▪ Overall credit Costs increases to 9.6% due to higher provisioning

*Q4 FY25- Reported COF @ 7.2%, NIM @ 11.2% (Excluding benefit from one-off lease modification, COF @ 7.3%, NIM @ 11.1%) 10

P&L Summary

Total Income

-Revenue from Operations

-Interest Income

-Fees & Other Revenue

-Other Income

Interest Cost

Operating Cost

Earning Before Credit Cost

Impairment on Financial Instruments

PBT

PAT

Key Metrics

Yield

COF*

NIM*

Cost to Income

Credit Cost

ROA

Q1 FY26

Q4 FY25

QoQ

5,035

4,877

2,493

2,384

158

813

2,123

2,100

1,352

748

556

17.0%

7.1%

11.2%

50.3%

9.6%

3.4%

4,832

4,674

2,415

2,259

158

795

2,073

1,964

1,245

719

534

17.0%

7.2%

11.2%

51.4%

9.0%

3.4%

4%

4%

3%

6%

0%

2%

2%

7%

9%

4%

4%

YoY

12%

12%

11%

13%

28%

6%

17%

11%

23%

-6%

-6%

-2 bps

-10 bps

3 bps

-108 bps

58 bps

4 bps

15 bps

-38 bps

28 bps

140 bps

111 bps

-67 bps

(All figures in ₹ Cr )

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

4,359 7%

20%

22%

4,674 7%

19%

23%

4,877 6% 19%

24%

51%

52%

51%

Q1 FY25

Q4 FY25

Q1 FY26

Interest Income Instance Based & Others

Spend Based Subscription Based

*Q4 FY25- Reported COF @ 7.2%, NIM @ 11.2% (Excluding benefit from one-off lease modification, COF @ 7.3%, NIM @ 11.1%)

11

Asset Quality

(All figures in ₹ Cr )

Asset Quality

Q1 FY26

Q4 FY25

QoQ

Gross Credit Cost *(A)

-Gross Write off

-Provision

Recoveries (B)

1,352

1,280

72

157

1,244

1,303

(59)

154

Net Credit Cost (A-B)

1,195

1,091

9%

-2%

222%

2%

10%

YoY

23%

32%

-45%

28%

22%

Gross Credit Cost %

-Gross Write off %

-Provision %

Net Credit Cost %

PCR %

ECL %

GNPA %

NNPA %

9.6%

9.1%

0.5%

8.5%

54.3%

3.5%

3.07%

1.42%

9.0%

9.4%

-0.4%

7.9%

53.5%

3.4%

3.08%

1.46%

58 bps

111 bps

-35 bps

161 bps

93 bps

58 bps

-50 bps

94 bps

89 bps

-1009 bps

8 bps

-1 bp

-11 bps

1 bp

-3 bps

31 bps

Receivables (₹ Cr) (Composition Mix %)

52,705

55,840

3.1% 6.2%

90.8%

3.1% 5.0%

91.9%

56,607

3.1% 4.7%

92.2%

Q1 FY25

Stage 1

Q4 FY25 Stage 2

Q1 FY26 Stage 3

Provision(₹ Cr) (% of NEA)

1,898

64.4%

4.3% 1.5% Q1 FY25

1,906

53.5%

19.2%

0.9% Q4 FY25

1,978

54.3%

21.5%

0.9% Q1 FY26

Stage 1

Stage 2

Stage 3

*Excludes impairment on other financial assets

Stage 2: 30-89 DPD and High Risk, Overlimit and Linked Accounts. Stage 3: 90-179 DPD and Settled, Restructured, Deceased and Linked Accounts. 13

Portfolio Insights

New Accounts

Salaried Category

Age Profile

By City Tier

i

g n c r u o S w e N

6 2 Y F 1 Q r o F

44%

52%

56%

30%

18%

SBI

Open Market

Govt/PSU Salaried 61%; Self employed 39%

Cat A

Cat B

21%

30%

23%

25%

49%

33%

19%

Under 30

31-45

>45

Tier 1

Tier 2

Tier 3

Others

1.09

59%

e c r o F

- n

i

- s d r a C

5 2 n u

J

0 3

n o s A

1.02 42%

0.57

33%

0.72

26%

20%

1.12

41%

0.77

0.97

17%

26%

1.02

35%

0.99

SBI

Open Market

Govt/PSU

Cat A

Cat B

Under 30

31-45

>45

Tier 1

Tier 2

Tier 3

Others

25%

1.14

0.98

54%

22%

1.01

Indexed 30+ delinquency

14

Borrowings & Capital Adequacy

Borrowings & Capital Adequacy

Borrowings Mix

Capital Adequacy

20%

17%

63%

21%

18%

61%

19%

16%

65%

19%

14%

67%

17%

12% 4%

67%

CAR

20.6%

Tier 1

16.8%

22.1%

22.9%

22.9%

23.2%

16.3%

17.0%

17.5%

17.9%

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

WCDL

CP

NCD

TL

COF Trend

Key Comments

7.6%

7.5%

7.6%

7.4%

7.5%

7.4%

7.5%

7.2% *

7.3%

7.1%

Credit Ratings ▪ ▪

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

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

COF%

Daily Weighted Average

• CAR at comfortable level of 23%+ • Daily COF down by 24 bps from last quarter

*Q4 FY25- Reported COF @ 7.2% (Excluding benefit from one-off lease modification, COF @ 7.3%)

16

ESG

ESG Update

Strengthened ESG Standing – FTSE4Good Recognition

Included in the FTSE4Good Index Series post a notable ESG rating upgrade to 3.8, benchmarking us against global sustainability standards.

ENVIRONMENT

SOCIAL

GOVERNANCE

Advancing Energy Efficiency Through Smart Infrastructure • Replaced old equipments like microwaves, etc with latest

energy-efficient models, targeting a reduction of 20,000kWh annually in electricity consumption

• Deployed IoT-enabled systems on air conditioning units and energy meters at the New Delhi office, enabling centralized, real-time monitoring and control of energy usage.

Building Environmental Awareness Amongst Employees • Observed ‘Lights Out’ for One Hour across all offices on World Environment Day to promote energy conservation.

• Conducted awareness campaigns on saving paper and water encouraging employees on responsible resource usage.

• Employees volunteered in a plantation drive at the

Aravallis, Haryana as part of our CSR efforts to support biodiversity.

Envisioning a Sustainable and Inclusive Workplace •

Introduced sanitary pad care dispensers and eco-friendly disposal bins at offices in Bangalore, Chennai, and Hyderabad, promoting female hygiene while ensuring environmentally responsible waste management.

Digital Innovation for Responsible Customer Experience •

Instant notifications enablement on WhatsApp for customers to enable inactive transaction switches upon card decline, giving customers real-time control. Introduced live chat on the website to deliver faster query resolution and improve service accessibility.

These initiatives reflect our commitment to responsible digitization and seamless customer experience through secure, inclusive, and technology-led solutions.

Fostering Holistic Well-being • Organized a yoga session by renowned Yogacharya Dr. Surendra Kumar on International Yoga Day in corporate office, broadcasted across locations, promoting employee health and mental well-being through mindfulness and stress relief.

Fostering a Culture of Integrity • Regular awareness on the Code of Conduct through

trainings and internal communications; annual mandatory training for all employees underway to promote ethical behaviour and responsible business practices.

Enhanced Risk Governance Framework • The Expected Credit Loss (ECL) model has been

reviewed and upgraded, aligning with Ind AS guidelines. The revised provisioning model has undergone external auditor review and received Board-level approval, strengthening the organization’s credit risk management and compliance framework.

18

Shareholders Summary

Shareholders Summary

Shareholding Pattern, 30th June 2025

Top 20 Shareholders as on 30th June 2025

Insurance 6.74%

Others 1.37%

Resident Individuals 3.24%

MF 9.84%

FPI 10.22%

S. No 1

State Bank Of India

Name of Shareholder

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

Life Insurance Corporation Of India - P & Gs Fund

Life Insurance Corporation Of India

Icici Prudential Multi-Asset Fund

Government Pension Fund Global

Icici Prudential Large & Mid Cap Fund

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

Tata Indian Opportunities Fund

Zulia Investments Pte. Ltd.

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

Pi Opportunities Aif V Llp

Vanguard Total International Stock Index Fund

Kotak Funds - India Midcap Fund Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds

Nippon Life India Trustee Ltd-A/C Nippon India Focused Equity Fund

Tata Large And Mid-Cap Fund

Hsbc Midcap Fund

Hsbc Global Investment Funds - Indian Equity

Nps Trust- A/C Hdfc Pension Fund Management Limited Scheme E - Tier I

Icici Prudential Elss Tax Saver Fund

%

68.59

4.11

1.98

1.74

1.22

0.85

0.71

0.59

0.48

0.47

0.45

0.45

0.40

0.40

0.38

0.34

0.33

0.32

0.30

0.30

20

Promoter Group SBI & Subs. 68.59%

(SBI – 68.59%)

Annexures

Balance Sheet Statement

Description Assets Loans (Net of Provisions) Cash & Bank Balances Investments All other Financial Assets Total Financial Assets PP&E, Intangible & Right of use assets Current & Deferred Tax 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’25

Jun’25

(All figures in ₹ Cr )

53,935 2,738 6,235 514 63,422 330 450 1,344 2,124 65,546

951 12,830 13,782 44,947 4,974 49,920 677 1,167 1,844 65,546

54,629 2,266 6,329 659 63,883 302 461 1,362 2,126 66,009

952 13,390 14,342 46,180 3,661 49,841 701 1,125 1,826 66,009

22

Profit & Loss Statement

Description

Interest Income

Fees and commission income

Sale of Services

Business development incentive income

Insurance commission income

Net gain on fair value changes

Revenue from operations

Other Income

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 FY25

Q4 FY25

Q1 FY26

(All figures in ₹ Cr )

2,243

1,928

33

154

1

0

4,359

124

4,483

767

147

1,101

134

49 1,486

3,683

799

594

2,415

2,093

27

138

1

-

4,674

158

4,832

795

195

1,245

154

(2) 1,725

4,113

719

534

2,493

2,191

26

167

0

-

4,877

158

5,035

813

187

1,352

161

35 1,739

4,287

748

556

23

Explaining Returns

Q1 FY25

Q4 FY25

Q1 FY26

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

15.3%

14.5%

0.8%

30.6%

5.2%

12.4%

13.0%

7.5%

5.5%

1.4%

4.1%

4.7

15.1%

14.2%

1.0%

30.3%

5.0%

13.0%

12.3%

7.8%

4.5%

1.2%

3.4%

4.6

QoQ

6 bps

36 bps

-1 bp

15.2%

14.6%

1.0%

30.7%

42 bps

5.0%

13.0%

12.8%

8.2%

4.6%

1.2%

3.4%

4.6

-3 bps

-5 bps

50 bps

44 bps

6 bps

2 bps

4 bps

YoY

-11 bps

10 bps

12 bps

10 bps

-28 bps

54 bps

-17 bps

73 bps

-89 bps

-22 bps

-67 bps

ROAE

19.1%

15.5%

15.8%

24 bps

-335 bps

24

Product Brief

Super Premium

Core Cards

Co-Brand Cards

Banking

Retail

Travel & Fuel

AURUM

SBI Card Elite

SBI Card PRIME

SBI Card Pulse

UCO Bank SBI Card

KrisFlyer SBI Card Apex

Tata Neu Infinity SBI Card

Reliance SBI Card

SimplyCLICK SBI Card SimplySAVE SBI Card

Shaurya Select SBI Card

PSB SBI Card

Lifestyle Home Centre SBI Card

KrisFlyer SBI Card

Tata Neu Plus SBI Card

Miles Elite SBI Card

Miles Prime Card Miles Select Card

Titan SBI Card

BPCL SBI Card OCTANE

Karnataka Bank SBI Card

Doctor’s SBI Card

Cashback SBI Card

Apollo SBI Card SELECT

Paytm SBI Card SELECT

IRCTC SBI Card Premier

25

Market Share

Dominant credit card player in India

CARDS IN FORCE

SPENDS

TRANSACTIONS

19.7%

18.6%

19.0%

19.1%

18.2%

17.8%

15.7%

16.6%

18.2%

17.0%

16.7%

17.5%

FY23

FY24

FY25

FY26*

FY23

FY24

FY25

FY26*

FY23

FY24

FY25

FY26*

*As per RBI report available till June’25

26

Recent Developments

Launch of Tata Neu SBI Card

SBI Card partnered with Tata Digital to launch Tata Neu SBI Card.

The lifestyle co-branded credit card offers rewards on spends in the form of NeuCoins, redeemable on the Tata Neu app.

The card is available in two variants – Tata Neu Infinity SBI Card and Tata Neu Plus SBI Card.

Introduced Apollo SBI Card SELECT

SBI Card & Apollo HealthCo have extended their partnership to introduce Apollo SBI Card SELECT.

The premium co-branded card has been designed for the evolving needs of health-conscious consumers, offering a compelling blend of healthcare savings and rewards.

A strategically phased social media campaign was executed to build intrigue & progressively unveil the credit card and its core benefits.

PULSE & CASHBACK Product Promotion

An OOH campaign was launched in Bengaluru promoting Pulse & Cashback products.

The campaign involved 120+ Transit Mediums (Bus Queue Shelters & Bus Wraps) covering arterial routes, IT hubs, residential areas & key markets, over 6 weeks.

27

Awards and Recognitions

SBI Card won the prestigious CRIF High Mark Data Excellence Awards 2025 held at Mumbai. SBI Card was awarded under the Special Category for one of the lowest data rejection rates and 98% data accuracy.

SBI Card was bestowed with two Silver Abbys at the Abby South Asia Awards 2025 powered by The One Show (Goa Fest). SBI Card MILES campaign ‘Shahid’s Buzzing Itinerary’ was recognized under the category of Public Relations Sectors – Financial PR and Other Consumer Products & Services

SBI Card won the Prestigious Economic Times HR Silver Training Award for ‘Best advance in learning management measurement business impact tools’ at Economic Times HR Award Forum, at Mumbai.

28

Glossary

Term

New Accounts

Card-in-force

Spends

Retail Spends

Sum of all accounts opened in a reporting period.

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 Spends (retail and corporate) constitutes the aggregate notional amounts (POS/online) transacted by our cardholders in a reporting period.

Total retail spends constitutes the aggregate notional amounts (POS/online) transacted by our retail cardholders in a reporting period.

Description

Corporate Spends

Total corporate spends constitutes the aggregate notional amounts (POS/online) transacted by our corporate entity cardholders in a reporting period.

Receivables

Total credit card receivables outstanding from our cardholders at the end of the reporting period.

Retail 30-day Active Rate

Constitutes the number of active accounts (with at least one retail transaction) over the total accounts in a month.

Market share – CIF

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

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 obtained from data published by RBI for the reporting period.

Averages

Averages for various ratios are computed basis monthly denominators.

Spends per card

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

Receivables per card

Receivables per card outstanding is calculated as total receivables at the end of the reporting period divided by total cards at the end of the reporting period.

EBCC

Yield %

COF %

NIM %

EBCC is Earning before credit cost, calculated as aggregate of all revenue lines less interest cost and operating cost.

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).

Calculated as interest income after subtracting finance cost divided by average receivables for the period (annualized).

Gross Credit Cost %

Calculated as Gross Write offs and incremental provisions on loan asset divided by average receivables for the period (annualized).

Cost to Income %

Calculated as operating and other expenses divided by Net revenue (Total revenue after subtracting finance cost.)

ROAA

ROAE

GNPA%

NNPA%

ECL%

Calculated as profit after tax divided by average total assets for the period (annualized).

Calculated as profit after tax divided by the average shareholders’ equity for the period (annualized).

Calculated as Stage 3 receivables divided by total receivables at the end of the period

Calculated as Stage 3 receivables after subtracting provision of stage 3 divided by total receivables less stage 3 provision for the period

Calculated as total provision divided by total receivables at the end of the period

Shareholders’ equity

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

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Disclaimer

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 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 conduct and carry out their own due diligence in respect of the information contained in the presentation.

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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