SBI Card and Payment Services CFO Nalin Negi resigns

SBI Card and Payment Services CFO Nalin Negi resigns

His last working day with the company will be July 31, 2022, SBI Card said

AgenciesUpdated: Tuesday, May 03, 2022, 10:41 PM IST
article-image
The SBI-promoted credit card company also reported a 16 percent rise in total revenues at Rs 11,302 crore in FY22. / Representative image |

SBI Cards and Payment Services (SBI Card) on Tuesday said its chief financial officer (CFO) Nalin Negi has resigned from his post.

His last working day with the company will be July 31, 2022, SBI Card said in a regulatory filing.

Earlier last week, the pure-play credit card issuer posted a 64 percent jump in its net profit at Rs 1,616 crore for the fiscal year ended March 2022 on the back of good card spending by customers.

The SBI-promoted credit card company also reported a 16 percent rise in total revenues at Rs 11,302 crore in FY22.

(With inputs from PTI)

RECENT STORIES

Gujarat's Handloom & Handicraft Sector Reports Strong Revival, Recording Sales Worth ₹17.5 Crore

Gujarat's Handloom & Handicraft Sector Reports Strong Revival, Recording Sales Worth ₹17.5 Crore

Price Of 24-Carat Gold Surges By ₹4,694 Over The Week, Supported By Safe Haven Buying & Dollar...

Price Of 24-Carat Gold Surges By ₹4,694 Over The Week, Supported By Safe Haven Buying & Dollar...

ED Arrests Ocean Seven Buildtech's Managing Director After Conducting Searches At Nine Locations...

ED Arrests Ocean Seven Buildtech's Managing Director After Conducting Searches At Nine Locations...

Realty Company Anant Raj Will Invest ₹4,500 Crore In Andhra Pradesh To Set Up Data Centres As Part...

Realty Company Anant Raj Will Invest ₹4,500 Crore In Andhra Pradesh To Set Up Data Centres As Part...

World-Famous Diamonds From Panna, Madhya Pradesh, Awarded The Prestigious Geographical Indication...

World-Famous Diamonds From Panna, Madhya Pradesh, Awarded The Prestigious Geographical Indication...