SBI Cards & Payment Services Ltd

Past performance
Performance overview
SBI Cards & Payment Services Ltd
About SBI Cards & Payment Services Ltd SBI Cards and Payment Services Limited, a subsidiary of State Bank of India, is the second largest credit card issuer in India. Established in 1998 and headquartered in New Delhi, the company issues a broad range of credit cards catering to diverse customer needs, from premium to mass market segments. It also acts as a corporate insurance agent for its clients. With over 1.68 crore active cards, SBI Cards focuses on enhancing cashless and contactless digital payments while ensuring secure transactions. The company has experienced significant growth, outpacing the overall Indian credit card market in recent years. It boasts a diversified acquisition network, leveraging both physical and digital channels, and benefits from its association with SBI's extensive branch network. Its partnerships with leading payment networks like Visa, MasterCard, RuPay, and Amex, along with co-branding initiatives with prominent industry players, underscore its commitment to delivering innovative financial solutions. SBI Cards' strategic expansion and innovative product offerings continue to drive its market presence and customer base.
Website sbicard.com
Founded 1998
Headquarters New Delhi