SBI Card
#2419
Rank
$7.38B
Marketcap
India
Country
Mr. Richhpal Singh (Chief Operating Officer)
Mr. Pradeep K. Singh Khurana (Chief Information Officer & Digital Officer and Exec. VP)
Mr. Rama Mohan Rao Amara (MD, CEO & Director)
Summary
SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. It offers corporate cards, central travel cards, utility cards, and corporate purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited is a subsidiary of State Bank of India.
History
SBI Card was established in 1998 as a joint venture between State Bank of India and GE Capital. SBI holds 74% share in the company; the remaining is owned by GE Capital. In April 2008, GE Capital sold its entire 26% stake in the company to State Bank of India.
Mission
Our innovative products and services along with our responsible corporate citizenship practices form the framework of delivering on this promise.
Vision
The aim of SBI Card is to offer Indian consumers access to a wide range of world-class, value-added payment products and services. Our endeavor is to simplify the lives of our customers, employees and other important stakeholders.
Key Team
Ms. Rinku Sharma (Exec. VP & Chief Compliance Officer)
Mr. Girish Budhiraja (Exec. VP and Chief Sales & Marketing Officer)
Mr. Manish Dewan (Exec. VP & Head of Customer Services)
Mr. Vishal Singh (Exec. VP & Head of Banca Channel)
Ms. Aparna Kuppuswamy (Chief Risk Officer & Exec. VP)
Mr. Amit Batra (Exec. VP and Head of Open Market & Corp. Sales)
Mr. Monish Vohra (Exec. VP & Head of Operations)
Recognition and Awards
In 2020, SBI Card was awarded the ‘Best Credit Card Brand’ at Outlook Money Awards, and the ‘Most Preferred Credit Card’ at ET Now Awards.
References
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Mr. Richhpal Singh (Chief Operating Officer)
Mr. Pradeep K. Singh Khurana (Chief Information Officer & Digital Officer and Exec. VP)
Mr. Rama Mohan Rao Amara (MD, CEO & Director)