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SBI Cards & Payment Services Ltd logo

SBI Cards & Payment Services Ltd

NSE: SBICARD BSE: 543066

772.20

(1.51%)

Tue, 17 Feb 2026, 05:13 pm

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.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800