Clinfowiki

SBI Cards & Payment Services Limited
Company typeCredit card company
ISININE018E01016
IndustryPayment card industry
FoundedMay 1998; 26 years ago (1998-05)[1]
Headquarters,
India
Area served
India
Key people
Abhijit Chakravorty
(MD & CEO)[2]
ProductsCredit cards
Services
  • Credit Cards
  • Payments
RevenueIncrease 17,483 crore (US$2.1 billion)(FY24)[3]
Increase 2,408 crore (US$290 million)(FY24)[3]
Total assetsIncrease 58,171 crore (US$7.0 billion)(FY24)[3]
Total equityIncrease 12,084 crore (US$1.4 billion) (FY24) [3]
Websitewww.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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