SBI Card

{{short description|Payment solutions provider in India}}

{{Advert|date=October 2021}}

{{Use dmy dates|date=October 2015}}

{{Use Indian English|date=October 2015}}

{{Infobox company

| name = SBI Cards & Payment Services Limited

| logo = SBI Card logo.svg

| type = Credit card company

| genre =

| fate =

| predecessor =

| successor =

| foundation = {{Start date and age|1998|05||df=yes}}{{Cite news|url=https://www.thehindubusinessline.com/money-and-banking/sbi-card-to-focus-on-hyper-personalisation-for-improved-customer-engagement-rama-mohan-rao-amara/article66841696.ece|title=SBI Card to focus on "hyper-personalisation" for improved customer engagement: Rama Mohan Rao Amara - The Hindu BusinessLine}}

| founder =

| defunct =

| location_city = Gurugram

| location_country = India

| locations =

| traded_as = {{Unbulleted_list|{{NSE|SBICARD}}|{{BSE|543066}}}}

| ISIN = INE018E01016

| area_served = India

| key_people = Salila Pande
{{small|(MD & CEO)}}{{cite news |title=SBI Card appoints Salila Pande as new MD & CEO |url=https://www.thehindubusinessline.com/markets/stock-markets/sbi-card-appoints-salila-pande-as-new-md-ceo/article69399454.ece |access-date=1 April 2025 |work=BusinessLine |date=1 April 2025 |language=en}}

| industry = Payment card industry

| products = Credit cards

| production =

| services = {{Bulleted_list|Credit Cards|Payments}}

| revenue = {{profit}} {{INRConvert|17483|c}}(FY24){{Cite news|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/73bcad12-112a-4db3-8ad3-9c79982baf5a.pdf |title=Outcome of Board Meeting}}

| net_income = {{profit}} {{INRConvert|2408|c}}(FY24)

| aum =

| assets = {{profit}} {{INRConvert|58171|c}}(FY24)

| equity = {{up}}

{{INRConvert|12084|c}} (FY24)

| owner =

| divisions =

| subsid =

| homepage = [https://www.sbicard.com/ www.sbicard.com]

| footnotes =

| intl =

}}

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[https://archive.today/20130410162927/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20966428 "Company Overview of SBI Cards & Payment Services Private Limited"] Bloomberg Businessweek. Retrieved 10 January 2013. 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.{{Cite web |last=Livemint |date=2022-06-09 |title=SBI Cards top stock pick after RBI allows linking of credit cards with UPI |url=https://www.livemint.com/news/india/sbi-cards-shares-top-stock-pick-by-axis-securities-as-rbi-allows-linking-of-credit-cards-with-upi-11654758649002.html |access-date=2022-07-17 |website=mint |language=en}}

In 2022, The Carlyle Group divested its entire stake in SBI Card, making the State Bank of India the majority stakeholder.{{cite news |title=Carlyle to sell entire 3% SBI Cards stake |url=https://timesofindia.indiatimes.com/business/india-business/carlyle-to-sell-entire-3-sbi-cards-stake/articleshow/90650180.cms |access-date=1 April 2025 |work=The Times of India |date=5 April 2022}} On April 1, 2025, SBI Cards and Payment Services Limited appointed Salila Pande as its Managing Director and Chief Executive Officer, succeeding Abhijit Chakravorty upon his retirement on March 31, 2025.{{cite news |title=SBI Card appoints Salila Pande as MD & CEO from April 1 |url=https://economictimes.indiatimes.com/industry/banking/finance/sbi-card-appoints-salila-pande-as-md-ceo-from-april-1/articleshow/118331128.cms?utm_source=chatgpt.com&from=mdr |access-date=1 April 2025 |work=The Economic Times |date=17 February 2025}}