Former SBI head Rajnish Kumar is Mastercard India chairman

Former SBI head Rajnish Kumar is Mastercard India chairman

Mastercard India has appointed former State Bank of India (SBI) head Rajnish Kumar as its chairman.I..

Abhijit Chakravorty takes charge as SBI Card CEO

Abhijit Chakravorty takes charge as SBI Card CEO

Abhijit Chakravorty has taken over as the managing director and CEO of SBI Card, India’s largest pur..

SBI Cards Q1 net down 5% as delinquencies rise

SBI Cards Q1 net down 5% as delinquencies rise

SBI Cards and Payment Services reported a 5% fall in its net profit to Rs 593 crore in the June quar..

SBI Card launches cashback-focused credit card

SBI Card launches cashback-focused credit card

SBI Card has launched what it calls the country’s first cashback-focused credit card. Cardholders ca..

SBI Card reports two-fold rise in Q1 net profit

SBI Card reports two-fold rise in Q1 net profit

SBI Cards and Payment Services Ltd (SBI Card) has reported a two-fold rise in net profit to Rs 627 c..

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Cards & Payment Services (SBI Card), India’s only listed pure-play credit card company, is s..

SBI Card Q4 net up 110% to Rs 175 cr amid asset quality deterioration

SBI Card Q4 net up 110% to Rs 175 cr amid asset quality deterioration

SBI Cards and Payment Services, promoted by the country’s largest lender SBI, has posted a 110% jump..

SBI Card has 50% transaction from online payments: CEO

SBI Card has 50% transaction from online payments: CEO

SBI Cards and Payment Services is seeing over 50% of its transactions come from online payments such..

Carlyle to sell 4% stake in SBI Card

Carlyle to sell 4% stake in SBI Card

US-based private equity firm CA Rover Holdings, an affiliate of Carlyle Asia Partners, will sell 4% ..

BNP Paribas Cardif sells 5% stake in SBI Life

BNP Paribas Cardif sells 5% stake in SBI Life

The government is likely to infuse Rs 14,500 crore mainly as a capital support to the banks that are..

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards and Payments Services Ltd reported a 52% dip in its net profit to Rs 209.7 crore due to hi..

SBI, NPCI & Japan's JCB launch RuPay contactless debit card

SBI, NPCI & Japan's JCB launch RuPay contactless debit card

State Bank of India, National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (..

SBI Card NPA swelling signals deeper financial woes

SBI Card NPA swelling signals deeper financial woes

They say one swallow does not make a summer. So, is the record spike in bad loans on the quarterly r..