SBI Card Announced Its Financial Results For Q4 FY’26 & FY Ended March 31, 2026

* FY’26 PAT up by 13% YoY at ₹ 2,167 Crore

The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the Q4 FY’26 and the financial year ended March 31, 2026.

Performance Highlights Q4 FY26

Total Revenue increased by 7% YoY at ₹5,187 Cr in Q4 FY’26 vs ₹4,832 Cr in Q4 FY’25

PAT at ₹609 Cr in Q4 FY’26 vs ₹534 Cr in Q4 FY’25

ROAA at 3.6% in Q4 FY’26 vs 3.4% in Q4 FY’25

ROAE at 15.6% in Q4 FY’26 vs 15.5% in Q4 FY’25

Capital Adequacy Ratio at 25.5%; Tier 1 at 20.0%

Business Highlights

New accounts volume at 917K accounts in Q4 FY’26 vs 1,109K accounts in Q4 FY’25

Card-in-force grew by 6% YoY at 2.21 Cr as of Q4 FY’26 vs 2.08 Cr as of Q4 FY’25

Spends grew by 31% YoY at ₹115,350 Cr in Q4 FY’26 vs ₹88,365 Cr in Q4 FY’25

Receivables grew by 2% YoY at ₹56,926 Cr in Q4 FY’26 vs ₹55,840 Cr in Q4 FY’25

Market share - for FY’26 Card-in-force is 18.6% (FY’25: 19.0%), Spends is 18.1% (FY’25: 15.7%).

Profit & Loss Account for the Quarter ended March 31, 2026

Total income increased by 7% to ₹5,187 Cr in Q4 FY’26 vs ₹4,832 Cr in Q4 FY’25. This movement was a result of one of following key factors:

Fees and other revenue increased by 13% to ₹2,553 Cr in Q4 FY’26 vs ₹ 2,259 Cr in Q4 FY’25

Finance costs decreased by 10% to ₹714 Cr in Q4 FY’26 vs ₹795 Cr in Q4 FY’25

Total Operating cost increased by 24% to ₹2,561 Cr in Q4 FY’26 from ₹2,073 Cr in Q4 FY’25

Earnings before credit cost decreased by 3% to ₹1,913 Cr in Q4 FY’26 vs ₹1,964 Cr in Q4 FY’25

Impairment losses & bad debts expenses decreased by 12% at ₹1,097 Cr in Q4 FY’26 vs ₹1,245 Cr in Q4 FY’25

Profit after tax increased by 14% at ₹609 Cr in Q4 FY’26 vs ₹534 Cr in Q4 FY’25.

Profit & Loss Account for the financial year ended March 31, 2026

Total income increased by 11% to ₹ 20,708 Cr in FY’26 vs ₹ 18,637 Cr in FY’25

Finance costs decreased by 3% to ₹ 3,072 Cr in FY’26 vs ₹ 3,178 Cr in FY’25

Total Operating cost increased by 22% to ₹ 9,760 Cr in FY’26 vs ₹ 8,007 Cr in FY’25

Earnings before credit cost increased by 6% to ₹ 7,876 Cr in FY’26 vs ₹ 7,452 Cr in FY’25

Impairment losses & bad debts expenses increased by 2% to ₹ 4,962 Cr in FY’26 vs ₹ 4,872 Cr in FY’25

Profit after tax increased by 13% at ₹ 2,167 Cr in FY’26 vs ₹ 1,916 Cr in FY’25

Balance Sheet as of March 31, 2026

Total Balance Sheet size as of March 31,2026 has been ₹66,328 Cr as against ₹65,546 Cr as of March 31, 2025

Total Gross Advances (Credit card receivables) as of March 31,2026 were ₹56,926 Cr, as against ₹55,840 Cr as of March 31, 2025

Net worth as of March 31,2026 has been ₹15,797 Cr as against ₹13,853 Cr as of March 31, 2025

Asset Quality

The Gross non-performing assets were at 2.41% of gross advances as of March 31,2026 as against 3.08% as of March 31, 2025. Net non-performing assets were at 1.04% as of March 31, 2026 as against 1.46% as of March 31, 2025.

Capital Adequacy

As per the capital adequacy norms issued by the RBI, Company’s capital to risk ratio consisting of tier I and tier II capital should not be less than 15% of its aggregate risk weighted assets on - balance sheet and of risk adjusted value of off-balance sheet items. As of March 31, 2026, Company’s CRAR was 25.5% compared to 22.9% as of March 31, 2025.

The tier I capital in respect of an NBFC-ND-SI, at any point of time, can’t be less than 10%. Company’s Tier I capital was 20.0% as of March 31,2026 compared to 17.5% as of March 31, 2025.

Rating

CRISIL Long Term - AAA/Stable

CRISIL Short Term - A1+

ICRA Long Term - AAA/Stable

ICRA Short Term - A1+

Summary Profit and Loss Statement (Rs Cr)

 

Description	Q4 FY25	Q3 FY26	Q4 FY26	FY25	FY26
Interest Income	2,415	2,536	2,382	9,347	9,901
Non-Interest Income (Fees, commission income & others)	2,259	2,591	2,553	8,725	9,999
Total Revenue from operations	4,674	5,127	4,935	18,072	19,900
Total Other Income	158	226	252	564	808
Total Income	4,832	5,353	5,187	18,637	20,708
Finance costs	795	785	714	3,178	3,072
Operating Costs	2,073	2,597	2,561	8,007	9,760
Earnings before credit costs	1,964	1,971	1,913	7,452	7,876
Impairment losses & bad debts	1,245	1,222	1,097	4,872	4,962
Profit before tax	719	749	816	2,581	2,913
Profit after tax	534	557	609	1,916	2,167

Summary Balance Sheet (Rs Cr)

Description	Mar'25	Mar'26
Assets
Loans (Net of provisions)	53,935	54,984
Cash & Bank Balances	2,738	2,320
Investments	6,235	6,374
Other Financial Assets & Trade Receivables	514	598
Total non-financial Assets	2,124	2,052
Total Assets	65,546	66,328
Liabilities and Equity
Total Equity	13,782	15,725
Borrowings, Subordinated Liabilities & Debt Securities	44,947	44,064
Other financial liabilities	4,974	4,565
Total non-financial liabilities	1,844	1,974
Total liabilities and equity	65,546	66,328

 

Eat Smart This Summer With This Protein-Packed Diet

Summer has arrived early, and with beach trips on the horizon, now is the perfect time to kickstart your fitness routine. While gym sessions are essential, diet plays an equally vital role in sculpting and maintaining a healthy body weight. Ritika Samaddar, Regional Head of Dietetics at Max Healthcare – New Delhi, recommends this straightforward, protein-rich plan featuring California Almonds, Greek Yoghurt, and Salmon.

Morning Kickstart: California Almonds and Boiled Eggs
Begin your day with a few California Almonds. Rich in protein, healthy fats, vitamin E, and magnesium, they help sustain energy levels without sudden spikes. They are an excellent addition to any fitness-focused diet.

Pair them with two boiled eggs for complete protein. This combo is portable, filling, and perfect for busy mornings.

Lunch: Grilled Chicken Breast Salad
Opt for grilled chicken breast tossed with mixed greens, cherry tomatoes, and cucumber. This meal delivers lean protein, fibre, and hydration from veggies, keeping you light yet satisfied through the afternoon.

Evening Snack: Greek Yoghurt with Chia Seeds
Recharge in the late afternoon with Greek yoghurt topped with a teaspoon of chia seeds. This snack delivers probiotics for gut health, sustained energy, and a refreshing, cooling effect.

Dinner: Baked Salmon with Quinoa
End your day with a baked salmon fillet served alongside cooked quinoa and steamed broccoli. This nutrient-rich plate offers omega-3 fatty acids for skin health, anti-inflammatory benefits, and complete proteins to support overnight muscle repair.

This simple routine emphasises supporting muscle building, controlling hunger, and aiding weight management. Avoid heavy carbs in the afternoons as they are difficult to digest. Aim for portion control, good hydration and light exercise. These easy, practical tips can help you stay fit and energised during the summer heat.  

AMARON Powers TCS World 10K Bengaluru 2026, Celebrating The Spirit Of “Endendigu Bengaluru”

AMARON, the flagship brand of Amara Raja Energy & Mobility, powered the TCS World 10K Bengaluru as the official partner, reinforcing its commitment to endurance, consistency, and performance values that mirror the spirit of long-distance running. As part of its ongoing association with Procam International through 2026, AMARON was present across key touchpoints of the event, which saw participation from over 365,000 runners across on-ground and virtual formats.

At the event AMARON brought its promise of reliability to life through a series of service-led and experiential engagements at various touchpoints. AMARON-powered ambulances and support vehicles were deployed across the route, quietly supporting runners at critical moments, enabling journeys that demand consistency, reliability, and endurance. Participants had access to two-wheeler and four-wheeler battery check-up camps, along with lubricant oil change services ensuring their journeys beyond race day remained uninterrupted. Along with this, a larger-than-life AMARON battery installation served as the centrepiece, alongside a showcase of vehicles powered by AMARON across categories. The brand also introduced battery-shaped charging stations and interactive zones across the venue blending utility with engagement in a way that felt both functional and intuitive.

Recognised as a World Athletics Gold Label race, the event brought together elite global and Indian athletes, reflecting the spirit of “Endendigu Bengaluru” a city defined by steady progress and resilience. The event was attended by a strong elite field, including Uganda’s Harbert Kibet and defending champion Sarah Chelangat, alongside Indian defending champion and event record holder Abhishek Pal and Sanjivani Jadhav.

Commenting on the association, Chandrasekar Radhakrishnan, Chief Business Officer – Automotive and Home Energy Business (India & SAARC), Amara Raja Energy & Mobility, said: “A marathon shows us that the real race is the one no one sees—built quietly, mile after mile, through discipline and resolve. That’s what Amaron stands for. Not short bursts, but staying power. Not noise, but consistency over time. Our association with the TCS World 10K Bengaluru celebrates those who keep going, away from the spotlight, committed to the long game. Because like every runner out there, Amaron is built to endure—quietly powering every mile that matters.”

Speaking about the TCS World 10K Bengaluru, World Champion and Olympic medallist Blanka Vlašić said, “What makes this special is not the race itself, but everything that leads up to it and the discipline, the preparation, and the consistency that build over time. Every runner here is a reflection of that journey. In many ways, the long game in any sport is always played in the quiet and in the hours of effort no one sees. In a city like Bengaluru, where progress is constant and personal, you can truly feel that spirit of people moving forward in their own rhythm, yet together as one”

Through its continued association with marquee endurance platforms such as the IPL and the Tata Mumbai Marathon, AMARON remains committed to championing performance, consistency, and the spirit of the long game across India.

About Amara Raja Energy & Mobility Limited

Amara Raja Energy & Mobility Limited (ARE&M) encompasses a diverse range of solutions and products, which includes energy storage solutions, Lithium-ion cell manufacturing, wide range of EV chargers, Li-ion battery pack assembly, automotive and industrial lubricants, and exploration of new chemistries, among others. ARE&M is also one of the largest manufacturers of energy storage products for both industrial and automotive applications in India. Amara Raja is the preferred supplier to major telecom service providers, telecom equipment manufacturers, the UPS sector (OEM & Replacement), Indian Railways, and the Power, Oil & Gas industry segments. Amara Raja’s industrial battery brands comprise of PowerStack®, AmaronVolt® and Quanta®. The company also manufactures India’s leading automotive battery brands Amaron® and Powerzone, which are distributed through a large pan-India sales & service retail network. The company supplies automotive batteries under OE relationships to Ashok Leyland, Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, and Tata Motors amongst others. Amara Raja’s Industrial and Automotive Batteries are exported to over 65 countries around the world.

Hero MotoCorp Announces Actor & Youth Icon Ishaan Khatter As Brand Ambassador For Hero Xoom

* Launches A Fun Filled Hero Xoom Campaign For New-Age Riders

* Link to campaign: [https://youtu.be/qvIs5B1UlVA?si=8Hm2dg78Uozy4abu]

Abiding by the brand's ethos of speed, agility and self-expression, Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today announced actor and youth icon Ishaan Khatter as the brand ambassador for Hero Xoom. The Company has also launched a new campaign built around the high-energy nostalgic musical hit while word playing it with 'Xoom Xoom Xoom Baba.’

Watch Ishaan Khatter take it from adrenaline-fueled stunts to the ultimate ride-date vibe. Set to an upbeat soundtrack, Ishaan and his co-rider dance on their Xoom scooters and ride hand in hand through the city, closing with the signature call 'Get, Set, Xoom'.

Ishaan Khatter's association with the brand reflects the very spirit of Hero Xoom. Known for his energy, spontaneity and strong connect with young audiences, he embodies the values that define the scooter - confident, expressive and always in motion.

Commenting on the film, Aashish Midha, Head of Marketing, Hero MotoCorp said, "Hero Xoom reflects our focus on building products and brands that resonate with young India. With its distinctive design, performance-driven features and strong street presence, it offers a differentiated riding experience. This campaign strengthens our connect with new-age riders, and we are delighted to have Ishaan Khatter on board, whose personality aligns seamlessly with the spirit of Hero Xoom."

As the newest ambassador for Xoom, Actor Ishaan Khatter commented, “Working with Hero MotoCorp on the Hero Xoom has been an incredible experience. What I love about this film is that it blends thrill with a touch of romance. We have set it around a fun, spontaneous scooter date, brought alive with a recreated version of a truly iconic song. It has the perfect mix of nostalgia and youthful energy. Shooting it felt effortless and exciting, and I think audiences will really connect with the vibe and chemistry the film brings to life.”

The song is sung by the wonderful and legendary, Usha Uthup and the film is created by McCann India, part of Omnicom Advertising India.

Hero MotoCorp is committed to bringing products that cater to the aspirations of young India through contemporary design, advanced technology and distinctive features, and Hero Xoom is an outcome of that vision. Comprising of Xoom 110, Xoom 125 and Xoom 160, it offers a compelling combination of performance, sporty design and advanced features for new-age riders like Fastest Acceleration, Big 14-14 Wheels and Led Projector Headlamp, and Front Disc Brake.

The brand also continues to strengthen Hero MotoCorp's scooter portfolio with a blend of performance, style and innovation. The Hero Xoom 110 and Xoom 125 are available across Hero MotoCorp's dealership network, while the Xoom 160 is available at Hero Premia dealerships across the country.

About Hero MotoCorp

Hero MotoCorp, headquartered in New Delhi, India, is the world’s largest manufacturer of motorcycles and scooters for 25 consecutive years with ~$5 billion revenue. The Company’s global footprint spans 52 countries across Asia, Africa, Europe, Central and Latin America with a customer base of over 125 million. The Company operates eight manufacturing facilities - six in India and one each in Colombia and Bangladesh - along with two Research and Development centres: Centre for Innovation and Technology (CIT) in India and Tech Centre Germany (TCG).

Hero MotoCorp is driving the transition to electric mobility through VIDA, powered by Hero. Strategic alliances with Harley-Davidson and Zero Motorcycles support the design and development of premium and electric motorcycles, respectively. Further demonstrating its commitment to the EV future, the Company has made strategic investments in two- and three-wheeler EV manufacturers, Ather Energy and Euler Motors. Hero MotoCorp is the only Indian two-wheeler manufacturer listed on the prestigious Dow Jones Sustainability Index (DJSI).

Hero MotoCorp’s Executive Chairman, Dr. Pawan Munjal, was named to the 2025 TIME100 Climate List of the 100 most influential leaders driving business climate action.

Beyond mobility, Hero MotoCorp is a major global promoter of sports, including golf, football, field hockey, and cricket. Hero MotoSports Team Rally is India's flag bearer in global rally racing.

Maarga Mind Care Brings New Recovery Model To Mental Healthcare In India

* A unique model that helps people heal, rebuild and return with confidence

Maarga Mind Care has announced the launch of its Integrative Day Care Program, a mental healthcare model designed to support patients beyond acute treatment and into real, lasting recovery. At a time when mental health needs are rising and long-term support remains limited, this program offers continuity, structure and a more human path back to everyday life.

In contemporary psychiatric care, the gap between acute symptom stabilization and meaningful functional recovery remains a critical challenge. At Maarga Mind Care, this gap is addressed through an Integrative Day Care Program, a structured, therapeutic ecosystem rooted in milieu therapy principles and enriched by a Cognitive-Motor-Sensory (CMS) Integration Model developed by the team at Maarga Mind Care.

According to the National Mental Health Survey 2015–16, 10.6% of adults in India live with mental disorders, with lifetime prevalence estimated at 13.7%. More recent studies suggest that nearly 15% of India’s adult population may need clinical mental health support, yet the treatment gap remains as high as 70% - 92% across conditions. WHO has also warned that mental health conditions could cost India ₹9.62 lakh crore (US$1.03 trillion) between 2012 and 2030, underscoring the urgent need for more structured and sustained pathways of care.

Designed as an immersive and multidimensional healing environment, the program supports not only mental stability, but also confidence, self-awareness, social functioning, and a more meaningful return to daily life.

Commenting on the introduction of the program, Dr Jothi Neeraja, Founder & MD, Maarga Mind Care said, “Our Integrative Day Care Program has been designed as a structured, compassionate, and personalised mental healthcare offering that supports individuals through recovery in a more holistic way. By combining therapeutic care, routine, emotional regulation, and social engagement, the program helps rebuild confidence, regain stability, and move forward meaningfully in their daily lives.”

Dr Jyoti Kapoor, Senior Consultant Psychiatrist & Psychotherapist, Maarga Mind Care said, “What makes this program stand out is its balance of structured therapeutic activity with equally intentional moments of restoration. Through this program, patient families have reported better understanding of the patient’s condition, improved communication patterns, enhanced trust in the recovery process and reduced caregiver burden due to structured and supervised engagement.”

The program is supervised by psychiatrists and clinical psychologist; and delivered by a multidisciplinary team of case managers, music, yoga and expressive art therapy facilitators and specialist nursing staff. With regular observation and coordinated reviews, support can be customized to the needs of each patient as recovery progresses.

“Mental healthcare needs to move beyond the typical interventions and create more structured pathways for recovery which can accommodate the patients and care givers preferences and necessities. Our Integrative Day Care Program is designed to provide structured and compassionate support in a way that is holistic, personalised, and grounded in continuity of care,” says Dr. Abhishek Hariharan Kandluri, Co-Founder, Executive Director & CBO, Maarga Mind Care.

The Integrative Day Care Program at Maarga Mind Care represents a paradigm shift from episodic care to continuous, integrative recovery. By combining milieu therapy with Cognitive-Motor-Sensory Integration, it creates a living therapeutic ecosystem — one that extends beyond inpatient care into real-world functioning. It affirms a crucial principle in modern psychiatry that sustained recovery is not achieved in isolation, but through continuity, structure, and meaningful engagement.

About Maarga Mind Care:

Headquartered in Bengaluru, Maarga Mind Care is a pioneering mental health institution dedicated to bridging India’s mental health treatment gap through compassionate, evidence-based, and inclusive care. Founded by Dr. Jothi Neeraja, Maarga Mind Care offers holistic, end-to-end mental healthcare through its “C2R+ - Crisis Consult to Recovery and beyond” model.

Maarga’s services include in-patient admissions, 24/7 mental health emergencies, and retrievals & out-patient services. Child and Adolescent, Adult, child, adolescent, and Geriatric psychiatry, de-addiction and rehabilitation, neuromodulation treatments (TMS and Ketamine therapy), and counseling and psychometric assessments, along with art, music, dance, yoga and drama therapies are offered.

Led by Dr. Jothi Neeraja and Dr. Girish Chandra, Maarga Mind Care aims to expand from a 40-bed center in Bengaluru to 25 centers with 1000+750+ beds by 2030. Maarga Mind Care is the only private mental health provider empaneled with the U.S. Embassy (South India) and a trusted partner of the Canadian Embassy across India.

Connect with us at 9741772233 or visit us at Maarga Mind Care - https://www.maargamindcare.com/