** Shares of India's SBI Cards and Payment Services SBIC.NS fall 1.14% to 773.50 rupees

** Co posted 45% rise in Q3 profit after tax to 5.57 billion rupees ($60.51 million), helped by higher consumer spending on credit cards during the Indian festive season

** Brokerage Jefferies ("buy", PT at 880 rupees) says profit beat estimates on lower provisions, with easing stress and improving credit costs, but flags slower receivables and fee growth as a drag on earnings outlook

** JP Morgan ("underweight", PT revised to 820 rupees from 855 rupees) says co's weak receivables growth, softer fee income and rising acquisition costs keep it cautious

** Trading vols at 1.81 mln shares vs 30-day-avg of 1.15 mln shares

** Stock rated "hold" on avg by 23 analysts, median PT at 880 rupees - data compiled by LSEG

** SBIC gained ~30% in 2025, stock down about 10% so far in Jan

($1 = 92.0570 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))