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    SBI CARDS AND PAYMENT SERVICES LTD.

    25 June 2026 | 04:03

    Industry >> Non-Banking Financial Company (NBFC)

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    ISIN No INE018E01016 BSE Code / NSE Code 543066 / SBICARD Book Value (Rs.) 165.25 Face Value 10.00
    Bookclosure 11/03/2026 52Week High 1015 EPS 22.77 P/E 27.44
    Market Cap. 59461.31 Cr. 52Week Low 565 P/BV / Div Yield (%) 3.78 / 0.40 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.

    The Company was incorporated as "SBI Cards and Payment Services Private Limited" on May 15, 1998, as a private limited company under the Companies Act, 1956, at New Delhi, with a certificate of incorporation granted by the RoC. On the conversion of the Company to a public limited company, pursuant to a special resolution passed by the shareholders on August 2, 2019, the name was changed to, "SBI Cards and Payment Services Limited" and a fresh certificate of incorporation dated August 20, 2019 was issued by the RoC. The Company was registered as a non-public deposit taking NBFC pursuant to a certificate of registration (bearing number No. 14.01328) dated October 6, 1998, issued by the RBI. Pursuant to a change in name of the Company and conversion from a private company to a public company, a certificate of registration (bearing number No. 14.01328) dated November 13, 2019 was issued by the RBI.

    Major events and milestones :

    1998

    - Incorporation of the Company and registration to act as a non-public deposit taking NBFC by RBI

    1999

    - Launch of the website

    2005

    - Registration to act as a corporate agent (composite) by IRDAI

    2006

    - Launch of the white label card with Tata Sons Limited

    - Launch of the co-branded card with IRCTC

    2013

    - Launch of the co-branded card with Air India

    - Launch of the EMV chip and pin enabled card

    2014

    - Launch of the co-branded card with Fbb

    - Launch of the mobile application

    2016

    - Launch of the "SBI unnati" card

    2017

    - Launch of "Project Shikhar" to introduce the credit cards to SBI customers Exit of GE Capital from the Company and acquisition of its stake by both, SBI and CA Rover

    - Launch of the co-branded card with BPCL

    2018

    - Launch of the virtual assistant chatbot, `Ask ILA'

    - Launch of the co-branded card with Apollo Hospitals Enterprise Limited

    2019

    - Amalgamation of SBIBPMSL with the Company

    - Launch of the co-branded card with Etihad

    - Launch of the co-branded card with Allahabad Bank

    - Launch of the co-branded card with OLA Money Conversion to a public limited company

    - Launch of the "shaurya" card for defence personnel on the Rupay Network

    2020

    - Grant of registration for the new logo under certain classes with the Registrar of Trademarks under the Trade Marks Act

     

    Awards and Accreditations :

    2013

    - Awarded VISA Recognition, "Best Issuing Institution" for excellence in Fraud Risk Management, 2013

    2014

    - Awarded "AISA Outsthecing Excellence Award : Excellence in Customer Service" as part of CMO Asia Awards 2014

    2015

    - Awarded "Gartner Global Eye on Innovation Award 2015"

    - Awarded "Global Regulatory and Compliance GE Beliefs Award" by General Electric

    - Awarded ""Global Service Quality Award For Risk Efficiency-Domestic Issuer", 2015 by VISA

    2016

    - Awarded VISA Recognition "Champion Security Award" South East Asia for Excellence in Fraud Risk Management- 2016

    - Awarded "Compliance Team of the Year- Rest of the World" by GRCI

    - Awarded "Global Quality Service Award For Authorisation Approval Rate-Card Not Present Commercial Issuer 2016" by VISA

    2017

    - Awarded "Best Data Quality Awards-Consumer Bureau Category- NBFC", 2017 by Transunion CIBIL

    - Awarded "Visa Service Quality Award For Authorization Approval Rate- Card Not Present, Commercial Issuer", 2017 by VISA

    2018

    - Awarded "Best Loyalty Program in Financial Sector: Non-Banking - 2018" under Customer Loyalty Awards

    - Awarded "Best Data Quality Awards- Consumer Bureau (NBFC)", 2018 as part of CIBIL Data Quality Awards 2018

    - Awarded "Corporate Excellence Gold Award for Compliance Innovation" as a part of SKOCH Summit 2018

    - Awarded "VISA Global Service Quality Award for Pursuit of Excellence Global Fraud Rates 2018" by VISA

    - Awarded "Financial Crime Compliance Team of the Year, Regulated Industries" by Global Women in Compliance Awards London

    - Awarded "Learning Innovator Award," as part of GP Strategies Awards, 2018

    - Awarded "Corporate Excellence Gold Award" for Compliance Innovation by Skoch Awards

    - Awarded "Order of Merit" for Corporate Governance by Skoch Awards

    - Awarded "Order of Merit" for Compliance by Skoch Awards

    2019

    - Awarded "Best Loyalty Program in Financial Sector: Non-Banking - 2019" under Customer Loyalty Awards

    - Awarded VISA Recognition "Champion Security Award", South East Asia for Excellence in Fraud Risk Management, 2019 as part of VISA Security Summit

    - Awarded "Gold Winner: Customer Service Department of the Year" as part of Golden Bridge Awards, 2019

    - Awarded "Gold Winner: Customer Service Team of the Year" as part of Golden Bridge Awards, 2019

    - Awarded "Silver Winner: Customer Service Outstanding Performance of the Year" as part of Golden Bridge Awards, 2019

    - Awarded "Best Data Quality- Consumer Bureau amongst NBFCs 2019" as part of Data Quality Awards 2019

    - Awarded "ACAMS AML Professional of the Month" for January 2019 by ACAMS, US (Association of Certified Anti Money Laundering Specialists)

    - Awarded "Gold Stevie Winner: Customer Service Executive of the Year" as part of Stevie Awards 2019

    - Awarded "Sliver Stevie Winner: Customer Service Department of The Year" as part of Stevie Awards 2019

    - Awarded "Compliance Professional of the Year Award" as a part of GRCI Compliance Professional Awards, 2019

    - Awarded "Most Effective Arrangements - Financial Crime and Sanctions Compliance" as a part of the Compliance Register Platinum Awards for Exemplary Service to Compliance and Regulation, 2019

    2020

    - Awarded in the category of "Analytics/Big Data" as part of the DELL Technologies BFSI Technology Conclave, 2020

    2022 -SBI Card collaborates with Punjab & Sind Bank to launch co-brand credit cards. -SBI Card, Aditya Birla Finance join hands to launch 'Aditya Birla SBI Card'. 2023 -SBI Card partners Reliance Retail for co-branded Rupay Credit Card. -SBI Card Launched Credit Card for MSMEs to cater to short term credit needs. 2024 -SBI Card launched KrisFlyer SBI Card in partnership with Singapore Airlines. -SBI Card partners Singapore Airlines for KrisFlyer Credit card. -SBI Card introduces inaugural travel-centric core credit card 'MILES'. -Titan SBI Card' launched for aspirational swiping.

    2025
    -The SBI Cards has partnered with PhonePe to launch the PhonePe SBI Card, a new co-branded credit card.
     


    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

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