MORGAN STANLEY ON SBI CARDS

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MORGAN STANLEY ON SBI CARDS

Maintains 'Equal-Weight' With Target Price Of ₹685

February Spend Market Share Flat At 15.7% (MoM)

February Spend Declined 9.7% (MoM), Compared To A 9.2% Decline For The Industry

Market Share In Credit Cards In Force Was 18.9% As Of February 2025

Aggregate Daily Spending Rose 11% (YoY) In March

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