SBI CARDS AND PAYMENT SERVICES LTD.
NSE : SBICARDBSE : 543066ISIN
CODE : INE018E01016Industry : Finance - NBFCHouse
: PSU - SBI
BSE750.40-7.75 (-1.02 % )
PREV CLOSE (Rs.) 758.15
OPEN PRICE (Rs.) 760.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 94266
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE750.45 -7.95 (-1.05 % )
PREV CLOSE(Rs.) 758.40
OPEN PRICE (Rs.) 764.90
BID PRICE (QTY) 750.45 (1935 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2054729
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 27-Apr-2024 | SBI Card reports 11% rise in Q4 net profit | <p style="text-align: justify;">SBI Cards and Payment Services (SBI Card) has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 11.05% rise in its net profit at Rs 662.37 crore for the quarter under review as compared to Rs 596.47 crore for the same quarter in the previous year. Total income of the company increased by 14.25% at Rs 4,474.57 crore for Q4FY24 as compared Rs 3,916.57 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 6.62% rise in its net profit at Rs 2,407.88 crore as compared to Rs 2,258.47 crore for the previous year. Total income of the company increased by 22.38% at Rs 17,483.50 crore for year under review as compared to Rs 14,285.67 crore for year ended March 31, 2023. </p><div style="text-align: justify;"><br></div> |
| 24-Apr-2024 | SBI Card launches SBI Card MILES for Travel Enthusiasts | <p style="text-align: justify;">SBI Cards and Payment Services (SBI Card) has launched three variants of its first travel-focused core credit card, ‘SBI Card MILES', in Mumbai. The card is aimed at bringing holistic travel benefits to travellers of all kinds – travel aspirers to frequent fliers to travel aficionados. SBI Card MILES offers compelling features that include conversion of Travel Credits to Air Miles and Hotel Points, accelerated rewards on EVERY travel booking, and airport lounge access among others. Empowering cardholders with absolute choice of redemption, the card partners over 20 airline and hotel brands including Air Vistara, Air India, Spicejet, Air France-KLM, Etihad Airways, Air Canada, Thai Airways, Qantas Airways, ITC Hotels, IHG Hotels & Resorts, and Accor among others.</p><p style="text-align: justify;">It is evident that Indians are increasingly becoming open to more and varied travel experiences. The three variants, SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES, have been designed to elevate these experiences through curated travel benefits. Cardholders can earn up to 6 Travel Credits on every Rs 200 travel spend and up to 2 Travel Credits on spending Rs 200 on other categories. The offerings under ‘SBI Card MILES' bouquet enable cardholders to carry out an easy and seamless Travel Credits redemption across multiple renowned flights and hotel partners.</p><p style="text-align: justify;">SBI Cards and Payment Services is a payment solutions provider in India.</p><div style="text-align: justify;"><br></div> |
| 24-Apr-2024 | SBI Card rises on launching SBI Card MILES for Travel Enthusiasts | <p style="text-align: justify;">SBI Card is currently trading at Rs. 753.65, up by 6.35 points or 0.85% from its previous closing of Rs. 747.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 752.35 and has touched a high and low of Rs. 755.10 and Rs. 745.25 respectively. So far 15410 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 932.35 on 13-Jun-2023 and a 52 week low of Rs. 678.80 on 14-Mar-2024.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 755.60 and Rs. 715.00 respectively. The current market cap of the company is Rs. 71422.69 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.63%, while Institutions and Non-Institutions held 25.28% and 6.10% respectively.</p><p style="text-align: justify;">SBI Cards and Payment Services (SBI Card) has launched three variants of its first travel-focused core credit card, ‘SBI Card MILES', in Mumbai. The card is aimed at bringing holistic travel benefits to travellers of all kinds – travel aspirers to frequent fliers to travel aficionados. SBI Card MILES offers compelling features that include conversion of Travel Credits to Air Miles and Hotel Points, accelerated rewards on EVERY travel booking, and airport lounge access among others. Empowering cardholders with absolute choice of redemption, the card partners over 20 airline and hotel brands including Air Vistara, Air India, Spicejet, Air France-KLM, Etihad Airways, Air Canada, Thai Airways, Qantas Airways, ITC Hotels, IHG Hotels & Resorts, and Accor among others.</p><p style="text-align: justify;">It is evident that Indians are increasingly becoming open to more and varied travel experiences. The three variants, SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES, have been designed to elevate these experiences through curated travel benefits. Cardholders can earn up to 6 Travel Credits on every Rs 200 travel spend and up to 2 Travel Credits on spending Rs 200 on other categories. The offerings under ‘SBI Card MILES' bouquet enable cardholders to carry out an easy and seamless Travel Credits redemption across multiple renowned flights and hotel partners.</p><p style="text-align: justify;">SBI Cards and Payment Services is a payment solutions provider in India.</p> |
| 21-Mar-2024 | SBI Card, Titan launch Titan SBI Card | <p style="text-align: justify;">SBI Cards and Payment Services (SBI Card) in partnership with Titan Company has launched Titan SBI Card. The one-of-its-kind shopping credit card is designed for addressing the consumers' aspirational spending needs. Titan SBI Card offers accelerated benefits on spends across varied lifestyle categories. With features that include cashbacks, Titan gift vouchers and Reward Points, cardholders can avail exclusive benefits of over Rs 2,00,000 worth per annum. </p><p style="text-align: justify;">Titan SBI Card, an industry-first co-brand card, offers thoughtfully curated benefits on high value spend categories such as jewellery, watches, and eyewear. The card offers 7.5% cashback on Titan in watches category; Taneira in women ethnic wear category; Titan EyePlus in eyewear category; and other non-jewellery Titan brands. The card which is also a first of its kind in the jewellery sector ensures that jewellery shopping becomes an exciting and an equally rewarding affair for customers.</p><p style="text-align: justify;">SBI Cards and Payment Services is a payment solutions provider in India.</p><div style="text-align: justify;"><br></div> |
| 14-Mar-2024 | SBI Cards and Payment Services informs about board meeting | <div style="text-align: justify;">SBI Cards and Payment Services has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, March 19, 2024, to consider declaration and payment of the Interim Dividend, if any, on the Equity Shares of the Company, for the financial year 2023-24. The interim dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Thursday, March 28, 2024 which is the ‘Record Date' fixed by the Company for the purpose, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Designated Persons and for Fair Disclosure of Unpublished Price Sensitive Information, the Trading Window for dealing in the securities of the Company will remain closed from March 14, 2024 to March 21, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE. </div><div><br></div> |
| 04-Mar-2024 | SBI Cards and Payment Services informs about analyst meet | <div style="text-align: justify;">Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SBI Cards and Payment Services has informed that the representatives of the Company intend to interact with the investor(s) / Analyst(s) at the meeting(s) / call(s) scheduled to be held on 11 & 13th March, 2024, as per details enclosed. The same is also being uploaded on the website of the Company www.sbicard.com. Information already available in public domain will be shared in the meeting/ call. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 28-Feb-2024 | SBI Cards and Payment Services raises Rs 750 crore through NCDs | <p style="text-align: justify;">SBI Cards and Payment Services has raised Rs 750 crore through allotment of 750 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Subordinate Tier II, Listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,00,000 each, at par, under Series 35, on private placement basis. The maturity will be on February 28, 2034. </p><p style="text-align: justify;">SBI Cards and Payment Services is a payment solutions provider in India.</p> |
| 28-Feb-2024 | SBI Cards and Payment Services informs about allotment of NCDs | <p style="text-align: justify;">Pursuant to the provisions of Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations') read together with Para A of Part A of Schedule III of the Listing Regulations, SBI Cards and Payment Services has informed that Stakeholders' Relationship and Customer Experience Committee of the Company has approved the allotment of 750 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Subordinate Tier II, Listed, Non-Convertible Debentures (‘NCDs') of the face value of Rs 1,00,00,000 each, at par, under Series 35 aggregating to Rs 750 crores, on private placement basis. The details of the said allotment are furnished in Annexure 'A' enclosed. This intimation is also being uploaded on the Company's website at www.sbicard.com. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 09-Feb-2024 | Appointment of Director | inter alia, approved appointment of Mr. Ashwini Kumar Tewari as Nominee Director (nominated by State Bank of India) (DIN: 08797991) on the Board of the Company with immediate effect, subject to the approval of shareholders of the Company. This is to further confirm that Mr. Tewari is not related to any of the Directors of the Company. |
| 25-Jan-2024 | Mastek, Grindwell Norton and Mahindra Logistics to see some action today | <p style="text-align: justify;"><b>Mastek </b>has entered into strategic collaboration with Microsoft. The collaboration is focused on pioneering innovative solutions that harness the capabilities of Microsoft Azure OpenAI Service and Azure AI Services -especially for the retail, healthcare, manufacturing, financial services, and public sector industries through the integration of generative AI capabilities.</p><p style="text-align: justify;"><b>Grindwell Norton </b>has subscribed to 49% equity share capital of Advanced Synthetic Minerals (ASM) at a Net consideration of Rs 15 crore as of January 24, 2024. With this subscription, ASM becomes an affiliate of the Company effective January 24, 2024.</p><p style="text-align: justify;"><b>Mahindra Logistics </b>(MLL) is planning to invest Rs 170 crore for construction of its warehousing facility in Phaltan, near Pune. Spread over 6.5 lakh square feet (sq ft), the new facility will be developed in two phases. The first phase, comprising 3.5 lakh sq ft, is scheduled to be operational by the end of 2024. The company will manage inbound logistics to manufacturing and distribution solutions of diverse clients in automotive and manufacturing sectors located in the region.</p><p style="text-align: justify;"><b>Mazagon Dock Shipbuilders </b>(MDL) has signed a contract with Acquisition wing of Ministry of Defence for Construction and Delivery of Fourteen Fast Patrol Vessels (FPVs) for Indian Coast Guard (ICG) on January 24, 2024. Broad consideration or size of the order is around Rs 1070 crore. </p><p style="text-align: justify;"><b>Hero MotoCorp </b>is planning to bring three new electric two-wheelers in the next one year. In FY25, it will launch electric scooters in the mid-price segment and in the economy segment to extend its Vida range. Further, the company will be launching another electric two-wheeler in the B2B last mile delivery segment, which is a big segment. The company, which unveiled its new performance bike MAVRICK 440, is also ramping up production to 10,000 units a month to meet demand for motorcycles in the segment. </p><p style="text-align: justify;"><b>SBI Cards and Payment Services</b> (SBI Card) has raised Rs 525 crore through allotment of 525 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Subordinate Tier II, Listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,00,000 each, at par, under Series 34 on private placement basis. The Stakeholders' Relationship and Customer Experience Committee of the Company has approved the allotment of the same. </p><p style="text-align: justify;"><b>Dhanuka Agritech</b> has signed a non-binding Letter of Intent with an overseas entity named Kimitec Group, Spain for exploring the various business opportunities including setting up of joint venture in India which is subject to signing of Definitive Agreement(s) and fulfillment of other terms and conditions.</p> |
