SBI Card was launched in 1998 by the State Bank of India and GE Capital. Incorporated as SBI Cards and Payment Services Private Limited (SBICPSL), SBI Card is headquartered in Gurgaon, Haryana. In December 2017, State Bank of India and The Carlyle Group acquired GE Capital`s stake in SBI...
The tables below summarizes the trend in SBI Cards and Payment Services’s market cap over the last four quarters: DateStock PriceShares OutstandingMarket Cap 2023-12-31759.85950.5722.2 B 2024-03-31682.45951.0649 B 2024-06-30724.80950.8689.1 B ...
It aims to make every citizen a digital payment user. The awareness week is being observed from 6 March to 12 March 2023. The theme of the campaign is –“Digital Payment Apnao, Auron ko bhi Sikhao” (Adopt digital payments and also teach others). Reserve Bank Governor Shaktikanta Das s...
SBI launched YONO as a full-suite financial services platform for its customers on the mobile back in November 2017. According to the banks’ investor presentation, as of September 2020, YONO had 28.5 millionregistered users.The bank has a total of 80.7 million internet banking users and around...
Incentives under the Incentive scheme for promotion of low-value BHIM-UPI transactions and RuPay Debit Cards are in the nature of subsidy and thus not taxable. In December, UPI achieved a record of 782.9 crore digital payment transactions with a value of Rs 12.82 lakh crore. ...