5430662022-04-012022-06-305430662022-04-012022-06-30in-bse-fin:OtherRevenueFromOperations1Member5430662022-04-012022-06-30in-bse-fin:OtherRevenueFromOperations2Member5430662022-04-012022-06-30in-bse-fin:OtherExpenses1Member5430662022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares543066SBICARDNOTLISTEDINE018E01016SBI Cards and Payment Services LimitedEquity2022-04-012023-03-312022-07-282022-07-21INRCroresFirst quarterSingle segmentCREDIT CARD BUSINESS2022-07-2812:00:002022-07-2813:46:00falseNot applicable2022-04-012022-06-30UnauditedStandalone13873000000001537990000000034650000014036000003100300000016255000003262850000000013861000003083800000391600000330630000000450250000011549000000242193000008409200000084092000002219300000-792000002140100000626910000000006269100000-1105000006158600000009432700000106.656.6006.656.60.0294001. The above results have been approved by the audit committee and by the Board of Directors at their respective meetings held on July 28, 2022. The financial results for the quarter ended June 30, 2022 have been subjected to 'Limited review' by the statutory auditors of the Company. The information presented above is extracted from the reviewed financial statements for the quarter ended June 30, 2022. <BR> <BR> 2.Management has exercised necessary due diligence to ensure that the said comparative results provide a true and fair view of its affairs. <BR> <BR> 3.The financial statements have been prepared in accordance with Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended. The Company has consistently applied its significant accounting policies in the preparation of its quarterly financial results for the quarter ended June 30, 2022. <BR> <BR> 4.Information as required by Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as per Annexure "1" attached <BR> <BR> 5.Previous quarter's/year's figures have been regrouped /reclassified wherever necessary to correspond with the current quarter's/year's classification/disclosure. <BR> <BR> 6.During the quarter ended June 30, 2022, the Company has allotted 89650 equity shares of Rs 10/- each pursuant to exercise of options under the approved employee stock option scheme. <BR> <BR> 7.There is only one reportable segment ("Credit cards") as envisaged by Ind AS 108 Segment reporting, specified under section 133 of the Companies act 2013, read with Rule 7 of the Companies (Accounts) Rules 2014. Further, the economic environment in which the Company operates is significantly similar and not subject to materially different risk and rewards. <BR> <BR> 8.The Company's gross NPA (stage 3 balance) and Net NPA as of June 30, 2022 is 2.24% and 0.79% respectively vs 3.91% and 0.88% respectively as of June 30, 2021 and 2.22% and 0.78% respectively as of March 31, 2022. Further as of June 30, 2022, Company holds total expected credit loss on loan balances of Rs 1135.81 Crs (vs Rs 1396.84 Crs as of June 30, 2021). <BR> <BR> 9.The results for the quarter ended June 30, 2022 are available on the BSE Limited website (URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company's website (URL: www.sbicard.com). <BR> <BR> <BR> Note:. Since this notes tab does not provides provision for data in tabular format, therefore, for Information Pursuant to the Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please refer the results in PDF format filed by the Company.Business development incentive income1396000000Insurance commission income7600000Operating and other expenses11549000000Remeasurements of the defined benefit liabilities / (asset)-147700000-147700000-372000000-110500000