SBI Cards and Payment Services, a subsidiary of the State Bank of India, has sold a significant pool of stressed credit card debts worth ₹1,800 crore (approximately $217 million USD) to Integro Finserv, a non-banking financial company based in Mumbai. This transaction is part of SBI's broader initiative to address rising delinquencies and enhance the quality of its credit card portfolio. The sale marks one of the largest bad loan transactions by SBI Cards in the past four years, following a smaller sale of ₹200 crore to Encore ARC in 2022. SBI Cards manages a substantial credit card receivables book nearing ₹60,000 crore, holding an estimated 18% market share in India's credit card sector. Despite the challenges, the business remains a key profitability driver for the State Bank of India group, supported by strong margins and high returns on assets. As of March 31, 2025, SBI Cards reported a gross non-performing asset (NPA) ratio of 3.08%, up from 2.76% the previous year. Integro Finserv, founded in 2019, specializes in distressed retail assets, managing ₹5,256 crore across over 467,522 accounts. The company employs a recovery model focused on acquisition, legal resolution, and relending to reintegrate borrowers into the formal credit system.