Here's a concise, retail-friendly summary: **1. Business Performance:** SBI Card reported a strong Q3 FY26!

Spends surged 33% YoY to ₹114,702 Cr, driving PAT up 45% YoY to ₹557 Cr.

New accounts hit 8.64 lacs (+26% YoY). Profitability was robust, fueled by higher spends and improved credit cost management. **2. Growth Drivers/Strategy:** Focus remains on portfolio quality, with moderated new account sourcing.

Digital push is strong, reflected in over 20% QoQ growth for UPI Spends on Rupay cards, indicating strong digital adoption. **3. Recent Developments:** Successful festive campaigns with top partners like Apple, Amazon, and Flipkart boosted customer engagement.

The 'Landmark SBI Card' also received a revamp for enhanced customer value. **4. Key Financial Metrics:** Spends: ₹114,702 Cr.

PAT: ₹557 Cr.

Return on Average Assets (ROAA): 3.2%, Return on Average Equity (ROAE): 14.7%. Gross Non-Performing Assets (GNPA): 2.86%, Net Non-Performing Assets (NNPA): 1.28%. **5. Management Outlook:** Higher revenue was attributed to festive demand.

Credit costs declined to 8.3%, reflecting improved asset quality.

A comfortable Capital Adequacy Ratio of 24%+ positions the company well for future growth.

The company is also committed to Carbon Neutrality by 2030.