SBI Card explained

SBI Cards & Payment Services Limited
Type:Credit card company
Foundation:[1]
Location City:Gurugram
Location Country:India
Isin:INE018E01016
Area Served:India
Key People:Abhijit Chakravorty
[2]
Industry:Payment card industry
Products:Credit cards
Revenue: (FY24)[3]
Net Income: (FY24)
Assets: (FY24)
Equity: (FY24)
Homepage:www.sbicard.com

SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card was launched in May 1998 by the State Bank of India and GE Capital. In December 2017, the State Bank of India and The Carlyle Group[4] acquired a stake in the company. SBI Card is headquartered in Gurugram, Haryana/Delhi NCR. DLF Infinity Towers, Tower C, 12th Floor, Block 2, Building 3, DLF Cyber City, Gurgaon -122002(Haryana) India. The company is the only publicly listed pure-play credit card issuer in India.[5]

See also

Notes and References

  1. News: SBI Card to focus on "hyper-personalisation" for improved customer engagement: Rama Mohan Rao Amara - The Hindu BusinessLine.
  2. News: SBI Card appoints Abhijit Chakravorty as MD & CEO for two years - The Hindu BusinessLine.
  3. News: Outcome of Board Meeting.
  4. https://archive.today/20130410162927/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20966428 "Company Overview of SBI Cards & Payment Services Private Limited"
  5. Web site: Livemint . 2022-06-09 . SBI Cards top stock pick after RBI allows linking of credit cards with UPI . 2022-07-17 . mint . en.