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Company type | Credit card company |
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ISIN | INE018E01016 |
Industry | Payment card industry |
Founded | May 1998; 26 years ago (1998-05)[1] |
Headquarters |
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India
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Area served | India |
Key people | Abhijit Chakravorty (MD & CEO)[2] |
Products | Credit cards |
Services |
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Revenue | ₹17,483 crore (US$2.1 billion)(FY24)[3] |
₹2,408 crore (US$290 million)(FY24)[3] | |
Total assets | ₹58,171 crore (US$7.0 billion)(FY24)[3] |
Total equity | ₹12,084 crore (US$1.4 billion) (FY24) [3] |
Website | www.sbicard.com |
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[4] 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.[5]
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