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 has informed that Services Stakeholders' Relationship and Customer Experience Committee of the Company has approved the allotment of 5000 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Senior, Listed Non-Convertible Debentures (‘NCDs’) of the face value of Rs 10,00,000 each, at par, under Series 31 aggregating to 500 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.
The above information is a part of company’s filings submitted to BSE.