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Latest Articles in sbi cards

SBI Cards Slides In Debut Hobbled By Virus Panic

SBI Cards priced its initial public offering at 755 rupees per share - the upper end of its targeted range - aiming to raise $1.4 billion and making it the country's largest IPO in over two years.

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SBI Cards Aims To Keep Non-Performing Assets At 2.4-2.5% -CEO

SBI Cards is 74% owned by SBI while Carlyle Group owns the remaining 26%. Carlyle bought the stake in 2017 from the lending arm of General Electric for about 20 billion rupees.

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SBI Cards Aims To Keep Non-performing Assets At 2.4-2.5%

SBI Cards and Payments Services, the credit card subsidiary of the country's largest lender State Bank of India, aims to raise nearly $1.25 billion via an initial public offering.

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SBI Cards To List Commercial Paper On BSE For An Issue Size Of Rs. 400 Cr

Framework for Listing of Commercial Paper, enabling the listing on BSE for commercial papers issued on or after November 27, 2019.

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SBI Proposes To Dilute Stake In Credit Card Business

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

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Man Spends $1.41 Million On UK Websites Using SBI Card With $200 Limit: CBI

The bank alleged that card was issued by NRI Seawoods branch on November 7, 2016 on which two more cards were issued to the card holder

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SBI Cards To Target Low-income Earners; Quicken Card Delivery

To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don't have cards, besides quickening card delivery period to 2-3 days

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E-commerce Fuels Growth In SBI Credit Card Transactions, Says Jasuja

Last year, SBI Card, credit card arm of State Bank of India, appointed Vijay Jasuja as Chief Executive Officer of the company. Jasuja is eyeing to make the credit card company as the second largest circulator by the end of 2015. Having registered a substantial growth in FY'14-15 in terms of new customer acquisitions, SBI Card has strengthened its position in the credit card market and is presently the third largest issuer in India.

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