homefinance NewsSBI Cards MD: Expect coronavirus induced slowdown to last till April 15

SBI Cards MD: Expect coronavirus-induced slowdown to last till April 15

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By Sumaira Abidi   | Anisha Jain  Mar 16, 2020 3:00:58 PM IST (Published)

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One of the country's most anticipated IPOs, SBI Cards got off to a muted start today, thanks to ongoing market volatility triggered by the coronavirus outbreak.

In an interview with CNBC-TV18, Hardayal Prasad, MD & CEO of SBI Cards & Payment Services spoke about the business outlook and whether he is seeing a slowdown in credit card spends because of the limitations imposed to contain the coronavirus outbreak.
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