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

VIDEO: ‘India Negotiating Trade Pact With US, EU, Other Nations,’ Says Minister Piyush Goyal At...

VIDEO: ‘India Negotiating Trade Pact With US, EU, Other Nations,’ Says Minister Piyush Goyal At...

Government Withdraws 14 Quality Control Orders, Move Expected To Lift Polyester Fibre & Yarn Segment...

Government Withdraws 14 Quality Control Orders, Move Expected To Lift Polyester Fibre & Yarn Segment...

Markets Jump After Bihar Results, Did NDA’s Big Win Lift Sensex & Nifty?

Markets Jump After Bihar Results, Did NDA’s Big Win Lift Sensex & Nifty?

Infomerics Pays ₹65.25 Lakh To Resolve Sebi Case, Market Regulator Closes Proceedings After...

Infomerics Pays ₹65.25 Lakh To Resolve Sebi Case, Market Regulator Closes Proceedings After...

₹10,000 In Women’s Accounts, A Historic 10th Term? How Nitish Kumar Won Bihar With A...

₹10,000 In Women’s Accounts, A Historic 10th Term? How Nitish Kumar Won Bihar With A...