SBI Cards & Payment Services Limited
| File:SBI Card logo.svg | |
| Public | |
| Traded as | |
| ISIN | 🆔INE018E01016 |
| Industry | Payment card industry |
| Founded 📆 | May 1998[1] |
| Founder 👔 | |
| Headquarters 🏙️ | , , India |
Area served 🗺️ | India |
Key people | Salila Pande (MD & CEO)[2] |
| Products 📟 | Credit cards |
| Services |
|
| Revenue🤑 |  ₹17,483 crore (US$2.4 billion)(FY24)[3] |
| ₹2,408 crore (US$340 million)(FY24)[3] | |
| Total assets | ₹58,171 crore (US$8.1 billion)(FY24)[3] |
| Total equity |
₹12,084 crore (US$1.7 billion) (FY24) [3] |
| Members | |
Number of employees | |
| 🌐 Website | www.sbicard.com |
| 📇 Address | |
| 📞 telephone | |
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. SBI Card is headquartered in Gurugram.[4]
In December 2017, the State Bank of India and The Carlyle Group[5] acquired a stake in the company. In 2022, The Carlyle Group divested its entire stake in SBI Card, making the State Bank of India the majority stakeholder.[6]
On 1 April 2025, SBI Cards and Payment Services Limited appointed Salila Pande as its Managing Director and Chief Executive Officer, succeeding Abhijit Chakravorty upon his retirement.[7]
See also
References
- ↑ "SBI Card to focus on "hyper-personalisation" for improved customer engagement: Rama Mohan Rao Amara - The Hindu BusinessLine".
- ↑ "SBI Card appoints Salila Pande as new MD & CEO". BusinessLine. 1 April 2025. Retrieved 1 April 2025.
- ↑ 3.0 3.1 3.2 3.3 "Outcome of Board Meeting" (PDF). Archived from the original (PDF) on 5 May 2024. Retrieved 20 January 2026.
- ↑ Livemint (2022-06-09). "SBI Cards top stock pick after RBI allows linking of credit cards with UPI". mint. Retrieved 2022-07-17.
- ↑ "Company Overview of SBI Cards & Payment Services Private Limited" Bloomberg Businessweek. Retrieved 10 January 2013.
- ↑ "Carlyle to sell entire 3% SBI Cards stake". The Times of India. 5 April 2022. Retrieved 1 April 2025.
- ↑ "SBI Card appoints Salila Pande as MD & CEO from April 1". The Economic Times. 17 February 2025. Retrieved 1 April 2025.
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- Credit cards in India
- Debit cards
- State Bank of India
- Companies based in Gurgaon
- 1998 establishments in Haryana
- Indian companies established in 1998
- Financial services companies established in 1998
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange
- The Carlyle Group companies
