Try GOLD - Free
Will new capital rule aid SBI Cards?
Mint Chennai
|October 13, 2025
SBI Cards and Payment Services is seen as a potential beneficiary of the Reserve Bank of India's (RBI) revised risk weight-based capital adequacy norms.
SBI Cards and Payment Services is seen as a potential beneficiary of the Reserve Bank of India's (RBI) revised risk weight-based capital adequacy norms. A draft circular in this regard was released on Tuesday. In reaction, SBI Cards rose intraday on Wednesday. The proposed rules aim to reduce capital requirements for all credit card issuers.
Currently, credit card outstanding dues worth ₹100 are treated as ₹125 by applying a uniform risk weight of 125%. Then, the Capital to Risk-Weighted Assets Ratio (CRAR) rate of 15% is applied to ₹125 to arrive at a capital requirement of ₹18.75. There is no bifurcation of ₹100 into dues from transactors and revolvers. Transactors are credit card users who use the card for transactions and pay their dues by the due date. Revolvers, on the other hand, try to pay only a partial amount or a minimum amount due and are willing to pay interest and late payment charges on the remaining dues.
This story is from the October 13, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
ACME to invest ₹5k cr in green steel
CME Group is planning to invest ₹5,000 crore to set up a direct reduced iron (DRI) facility, according to industry sources.
1 min
October 13, 2025
Mint Chennai
India IMDb's second-largest market, led by multilingual content
India, known for its rich entertainment ecosystem and linguistic diversity, is now the second-largest audience for IMDb, the Internet movie database owned by Amazon, after the United States. Over the last five years, IMDb’s monthly visitors from India have doubled, said Yaminie Patodia, head, IMDb India, in a conversation with Mint.
1 mins
October 13, 2025
Mint Chennai
Witkoff and Kushner visit Gaza as Hamas moves to reassert control
President Trump’s envoys Steve Witkoff and Jared Kushner visited Gaza on Saturday as postwar planning stepped up, Hamas police reemerged on the streets, and Palestinians began returning to their homes en masse following the withdrawal of Israeli troops.
3 mins
October 13, 2025
Mint Chennai
Can a hint of silver find place in your precious metals strategy?
Silver can deliver short-term gains but is more volatile than gold; limit exposure to 2-4% due to its inherent risks
5 mins
October 13, 2025
Mint Chennai
Is Al cutting women out of leadership roles?
A recent report highlights anew culprit behind the ‘leaky pipeline’ that is excluding women from the workforce
3 mins
October 13, 2025
Mint Chennai
How GCPL’s in-house creative pivot paid off
GCPL operated with multiple agencies, fragmented briefs and inconsistent execution across geographies
4 mins
October 13, 2025
Mint Chennai
India, EU conclude 14th round of talks
Senior officials of India and the 27-nation European Union (EU) concluded the 14th round of talks for a proposed free trade agreement (FTA) in Brussels, an official said.
1 min
October 13, 2025
Mint Chennai
Want to stay focused at work? Stop multi-tasking
Renee Cosmetics' Ashutosh Valani on the trick to get more work done
1 mins
October 13, 2025
Mint Chennai
YOGA, AYURVEDA—INDIA CAN LEAD THE WISDOM ECONOMY
I was watching a video of a meditation studio in Manhattan when it struck me yet again. Twenty people, mostly American professionals, sitting cross-legged on expensive mats, were following breathing techniques that our grandparents and ancestors practised every morning.
2 mins
October 13, 2025
Mint Chennai
Medical tourism could be India's next major export opportunity
We have what it takes to deliver high-end care and make economic gains if we use a focused strategy
3 mins
October 13, 2025
Listen
Translate
Change font size