SBI Cards, India’s only listed credit card player, rose 5% on Friday to reach its 52-week high of Rs 999.45.  The stock rose after the Reserve Bank of India cut the repo rate by 50 basis points. This will lead to a lowering of credit costs for credit card issuers.

Even before that, SBI Cards has been staging a comeback in 2025, with the stock rising by more than 46% in 2025 so far. Things have not been easy for SBI Cards. The stock had fallen by 40% since its all-time high in October 2021 till 2024. 

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