JPMorgan lowered its target price on SBI Cards to Rs 505 from Rs 588, citing muted loan growth, potential net interest margin (NIM) pressure and the likelihood of credit costs bottoming out.
JPMorgan lowered its target price on SBI Cards to Rs 505 from Rs 588, citing muted loan growth, potential net interest margin (NIM) pressure and the likelihood of credit costs bottoming out.
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