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SBI Cards to grow portfolio by 1 mn in 3 yrs
SBI Cards, joint venture between State Bank of India and GE Capital, aims to add 1 million credit cards to its portfolio over three years. The company has the credit card base of over 2.2 million as on March 2012. “We have identified potential centres for growth which are beyond the tier-I cities. About 20 per cent of growth is expected from tier-II and tier-III cities in next three years,”
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