Jan 25, 2024 / 01:00PM GMT
Operator
Ladies and gentlemen, good day and welcome to the SBI Cards and Payment Services Limited Q3 FY24 earnings conference call. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to Mr. Abhijit Chakravorty, MD and CEO. Thank you, and over to you, sir.
Abhijit Chakravorty - SBI Cards and Payment Services Limited - MD & CEO
Thank you. Good evening, everyone. I'm pleased to welcome you to the quarter three financial year 2024 earnings call, along with my senior management team at SBI Cards.
Indian economy continues its steady growth rate. India's GDP is expected to grow at around 7% in financial year 2024 as per the National Statistical Office and RBI's projections and their respective projections for 7.3% and 7%, respectively.
One indication of this resilience is the positive consumer confidence. In fact, as per some studies, India has emerged one of the most optimistic markets across the world. The credit card industry has been experiencing robust growth with outstanding cards
Q3 2024 SBI Cards and Payment Services Ltd Earnings Call Transcript
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