SBI Cards & Payment Services Ltd
NSE: SBICARD BSE: 543066
₹553
+15.95 (2.97%)
Sun, 08 Nov 2026, 10:17 am
Market Cap (in Cr)51022.38
PE Ratio20.18
Dividend0.47
Finance
Finance/Rental/Leasing
24.5KSBI Cards & Payment Services Ltd Company History
1998
- Incorporation of the Company as 'SBI Cards and Payment Services Private Limited'.
- 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.
- Awarded VISA Recognition, 'Best Issuing Institution' for excellence in Fraud Risk Management, 2013.
2014
- Launch of the co-branded card with Fbb.
- Launch of the mobile application.
- 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
- Launch of the 'SBI unnati' card.
- 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
- 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.
- 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
- Launch of the virtual assistant chatbot, 'Ask ILA'.
- Launch of the co-branded card with Apollo Hospitals Enterprise Limited.
- Awarded 'Best Loyalty Program in Financial Sector: Non-Banking – 2018' under Customer Loyalty Awards.
- Awarded 'Best Data Quality Awards- Consumer Bureau (NBFC)' as part of CIBIL Data Quality Awards 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
- 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.
- 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.
- 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.
- 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
- Grant of registration for the new logo under certain classes with the Registrar of Trademarks under the Trade Marks Act.
- 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.
