sbi card


HC accepts firm's service of notice on WhatsApp

Jun 15 2018

Bombay HC has accepted service of notice in an execution application through WhatsApp after observing that the notice, served as a PDF file, was not only delivered but opened as well by the receiver.

SBI to sell stake in SBI Gen, SBI Card and SBI Caps soon: Kumar

May 22 2018

State Bank of India's chairman Rajnish Kumar today said the lender is looking at selling stakes in some of its subsidiaries over the next two years.

SBI Card looks to grow at 40 percent in FY19

May 16 2018

Credit card player SBI Card is looking to continue growing at a 40 percent CAGR in the current financial year on rise in card issuance and total spends, a top company official said.

SBI Card launches exclusive credit card for doctors

Mar 27 2018

"The product has been designed in close association with IMA and is based on research and insights into the distinct requirements and lifestyles of doctors," it said.

SBI Card cautions customers against Bitcoin investment

Feb 20 2018

SBI Card cautioned customers of risks associated with bitcoin and other crypto-currencies, but did not ban use of its credit card for such investments.

Hardayal Prasad has been appointed as new MD & CEO of SBI Card

Feb 05 2018

Hardayal Prasad has been appointed as Managing Director and CEO of SBI Card, the credit card issuer said in a statement today.

SBI Cards initiates credit cards for farmers: Official

Jan 30 2018

SBI's subsidiary is planning to launch a credit card for farmers for which it has initiated a pilot launch in three states, an official said.

Carlyle Group acquires majority stake in Visionary RCM

Dec 21 2017

Global alternative asset manager, Carlyle Group, said it has acquired majority stake in Visionary RCM Infotech (India) to support its growth and expansion plans.

Carlyle Group completes GE Capital stake buy in SBI Card

Dec 15 2017

SBI said the Carlyle Group has completed the acquisition of GE Capital's entire 26 pc stake in SBI Card, which is the 2nd largest and credit card issuer in the country.

State Bank (SBI) Card customer base grows to 50 lakh

Sep 18 2017

SBI Card said its cardholder base has grown to 50 lakh as 10 lakh plus customers were added over the last year.

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Stocks In News



Mulls 1:1 Bonus Share Issue


To Issue 1:10 Bonus Shares; Record Date At July 11


Approved Bonus Issue Of 1:2; Record Date At June 27


Arm Buys Under-Construction Asset For Rs 234 Cr In Indore At Auction

Brownfield Acquisition To Add Approx. 1.1 Mn Sq. Ft. To Co's Retail Portfolio


Co In Pact To Buy 95% Of Climate Tech Pty, Australia

Deal Size Stands At Rs 201-211 Cr In Valuation


JLR Investor Presentation:

Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth

Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21

Aiming For A 7-9% EBIT Margin Over Long Term

Long Term Investment Pegged At 12-13% Of Revenue

Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18

Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle


To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr

To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr

Co's International Business Did Not Perform Well In FY18

Economy & Inflated Currency Hit Co's Egyptian Operations


To Launch Generic Tadalafil After Filing ANDA With USFDA


Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA

USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018

EIR Notifies That The Inspection Stands Closed

Co Committed To Global Standards Of Quality & Compliance


Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta

Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires

The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly

The Eli Lilly Patent Expires In May 2022

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