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Latest Articles in sbi card

SBI Card’s Profit Falls 5.36% To Rs 593 Cr YoY In Q1

Profit after tax for the June quarter fell 5.36 per cent to Rs 593 crore year-on-year, below the estimated Rs 598 crore, according to Refinitiv IBES data

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SBI Card’s Q4 Net Profit Rises By 3% To Rs 596 Cr

Impairment losses and bad debts charges climbed by 60 per cent in Q4 to Rs 630 crore, up from Rs 393 crore in the same time last year

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TCS Deals With SBI Card For Digital Transformation

TCS has been serving the largest pure play credit card issuer in the country for a decade and the new deal is an expansion of the engagement

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SBI Card Raises Rs 650 Cr Via Private Placement Of Bonds

The bonds, bearing interest at 5.82 per cent, have a tenure of three years and are set for maturity on December 24, 2024.

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HDFC Bank Outlines Aggressive Play In Credit Cards To Regain Lost Mkt Share In A Year

HDFC Bank has set specific milestones for itself, which will include ramping up monthly card issuances to the November 2020 level of 3 lakh in up to three months, and going up further two 5 lakh a month in another two quarters

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Technology Makes Life Simpler For Customers, Says SBI Card MD & CEO

Rama Mohan Rao Amara, MD & CEO, SBI Card discusses how SBI Card augmented its digital & technology suite to keep its services robust, seamless, and in line with present-day consumer expectations

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SBI Card, Fabindia Launch Co-Branded Contactless Credit Card For Premium Customers

The new co-branded contactless credit card combines the best in class rewards points on retail spends with the value back on varied spending categories, thus addressing overall spending needs of premium cardholders

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Carlyle Sells Shares Worth Over Rs 4,800 Cr In SBI Card

SBI Card came out with a Rs 9,000 crore initial public offer in March 2020, involving sale of up to 37,293,371 shares by SBI and up to 93,233,427 shares by Carlyle group (through CARH).

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Devendra Kumar Resigns From Directorship Of SBI Cards And Payment Services

Shares of SBI Card were trading at Rs 1,096.85 apiece on BSE, up 3.57 per cent.

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SBI Card Brings Back Former CEO Tewari As Board Director

A career banker, Tewari started with SBI in the year 1991 as a probationary officer and was the MD and CEO of SBI Card before being appointed back to SBI in January this year.

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SBI Card Plans To Raise Up To Rs 2,000 Cr Through Issuance Of Debt Securities

Stocks of SBI Card were trading at Rs 1,068.15 apiece on BSE, up 0.93 per cent from its previous close.

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SBI Card Raises Rs 550 Cr Through Bonds

The Stakeholder Relationship Committee of the company has approved the allotment of 5,500 non-convertible debentures aggregating to Rs 550 crore on private placement basis, SBI Card said in a regulatory filing.

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Delhi Metro, SBI launch credit-cum-smart card with auto top-up facility

Delhi Metro, SBI launch credit-cum-smart card with auto top-up facility

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SBI Card Q2 Net Profit Dips 46% To Rs 206 Cr

The credit card company had posted a net profit of Rs 381 crore during the corresponding period of the previous financial year.

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SBI Card offers festive cashbacks, discounts across various brands

SBI Card offers festive cashbacks, discounts across various brands

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