SBI Cards and Payment Services Limited (NSE: SBICARD) has announced the launch of the Fixed Deposit Backed Secured Advantage SBI Card on SBI YONO, marking a significant milestone in its digital transformation journey. This new product offers customers a seamless and 100% digital journey to avail a secured credit card backed by a fixed deposit. The launch was inaugurated by Mr. Challa Sreenivasulu Setty, Chairman, State Bank of India (SBI), in the presence of Mr. Ashwini Kumar Tewari, Managing Director, SBI, and Ms. Salila Pande, Managing Director & Chief Executive Officer, SBI Card.

Seamless Digital Credit Card Application

The end-to-end digital journey for secured credit cards on SBI YONO further strengthens customer access to credit through a seamless and convenient digital experience. Customers can apply for four secured Advantage SBI Card – SBI Card Elite, SBI Card Prime, SimplyClick SBI Card, and SimplySAVE SBI Card on SBI YONO. This initiative combines the security of a fixed deposit with the convenience and benefits of a credit card, enabling customers to enjoy a rewarding experience across their everyday spends.

Customer-Centric Approach

Salila Pande, Managing Director & Chief Executive Officer, SBI Card, said, “Customers can now experience a simpler and more convenient way to access secured credit cards through a seamless, 100% paperless digital journey. The new digital journey for Advantage SBI Card on SBI YONO is designed to bring greater ease to the entire process, enabling customers to access a secured credit card backed by a fixed deposit within minutes. The diverse portfolio of SBI Credit Cards available on SBI YONO further enhances customer choice, providing the flexibility to select a proposition best suited to their needs.”

Expanding Access to Formal Credit

The secured Advantage SBI Card on SBI YONO provides an accessible entry point into the formal credit ecosystem, particularly for customers looking to establish or strengthen their credit profile. The launch reinforces SBI Card’s focus on building digital-first customer journeys to expand access to formal credit. As customer expectations increasingly shift towards simple, instant, and integrated financial experiences, SBI Card continues to invest in technology-led solutions that make every day financial interactions more convenient.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of SBI Cards and Payment Services Limited

SBI Cards and Payment Services Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

SBI posts a 4.5% three-month gain, but softens in the last few weeks. D/E reaches 3.28. High leverage in this environment is a material risk the market cannot ignore. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gives back 1.1% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 13.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of SBI Cards and Payment Services Limited.

Manba Finance Limited (NSE: MANBA) has announced that its Board of Directors has approved raising ₹99.99 crore through a preferential issue of securities. The fundraise, comprising ₹67.50 crore in equity shares and ₹32.49 crore in convertible warrants, aims to bolster the company’s capital base and fund growth in its loan book across various segments. The issue, subject to shareholder and regulatory approvals, has attracted marquee family offices and investors, reflecting confidence in Manba’s business model and long-term prospects.

Strong Participation from Marquee Investors

The round has seen significant commitments from marquee investors, including family offices of well-known Indian business groups, investment funds, and high-net-worth individuals. Notably, the promoter group has committed ₹32.49 crore through warrants, marking the largest single commitment in the round. This reflects the promoters’ confidence in Manba’s future growth trajectory.

Strategic Use of Proceeds

Proceeds from the fundraise will be utilized to strengthen the company’s capital base, fund growth in its loan book, and support expansion into new geographies. The capital infusion will enable Manba to diversify its borrowing base, work towards improved credit ratings, and lower funding costs. Mr. Manish K. Shah, Managing Director of Manba Finance Limited, emphasized the importance of this capital raise in accelerating growth and expanding access to underserved customers.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Manba Finance Limited

Manba Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Manba holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.35 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 33.8% reflect exceptional pricing power and operational efficiency. The stock holds at 69% of its 52-week range with RSI at 60. In other words, neither side has a clear edge right now. Both the business and the stock move in the right direction. Revenue grows at 35.9%, profits at 39.9%, and the PEG sits at 0.35 — below its growth rate. That combination is rare. Check Fundamentals of Manba Finance Limited.

OnEMI Technology Solutions Limited, the listed parent company of digital lending platform Kissht, has announced its Board of Directors’ approval for raising approximately ₹832 crore through a preferential issue of securities. This move aims to strengthen the company’s capital position and support its next phase of growth.

Strategic Capital Infusion

The majority, 75% of the additional capital raised will be infused into Si Creva Capital Services Private Limited, Kissht’s wholly-owned subsidiary. This infusion will provide Kissht with greater financial flexibility to scale its lending business, enhance its technology and digital capabilities, expand product offerings, and deepen its reach across target customer segments.

Supporting General Corporate Purposes

The remaining 25% of the fundraise will be used for general corporate purposes, expected to support Kissht’s broader growth strategy. This strategic capital raise is anticipated to position Kissht as a more resilient, well-capitalized platform capable of sustaining growth through varying credit cycles.

Marquee investors, including Axis Mutual Fund, HDFC Mutual Fund, Massachusetts Institute of Technology, White Oak, 360 One, Groww Mutual Fund, Bandhan Mutual Fund, have participated in this preferential issue. The company’s focus on strengthening its capital adequacy ahead of potential credit rating upgrades aims to lower the cost of borrowing, expand access to a broader pool of capital, and increase funding capacity.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of OnEMI Technology Solutions Limited

OnEMI Technology Solutions Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

OnEMI gains 21.7% over three months and trades near its 52-week highs. The PEG of 0.27 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. The business compounds revenue at 16.6% and profits at 140.9% CAGR. That is strong double-digit growth on both counts. RSI hits 71, a level that signals the stock runs hot. Notably, buyers drove volume on 17 recent sessions — though at these levels, some profit-taking is normal. Both the business and the stock move in the right direction. Revenue grows at 16.6%, profits at 140.9%, and the PEG sits at 0.27 — below its growth rate. That combination is rare. Check Fundamentals of OnEMI Technology Solutions Limited.