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SBI Cards shines on inking pact with Punjab & Sind Bank to launch co-brand credit cards

30 Dec 2022 Evaluate

SBI Cards And Payment Services is currently trading at Rs. 796.50, up by 11.30 points or 1.44% from its previous closing of Rs. 785.20 on the BSE.

The scrip opened at Rs. 790.05 and has touched a high and low of Rs. 797.55 and Rs. 790.05 respectively. So far 9940 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1028.75 on 17-Aug-2022 and a 52 week low of Rs. 656.10 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 802.45 and Rs. 761.55 respectively. The current market cap of the company is Rs. 75277.73 crore.

The promoters holding in the company stood at 69.41%, while Institutions and Non-Institutions held 25.81% and 4.77% respectively.

SBI Cards and Payment Services (SBI Card) has partnered with Punjab & Sind Bank to launch co-brand credit cards for its customers. The collaboration also marks the introduction of ‘credit cards’ as a new product segment under the bank’s portfolio. Both the partners have rolled out three card variants - PSB SBI Card ELITE, PSB SBI Card PRIME, and PSB SimplySAVE SBI Card.

These variants have been launched to cater to the spending needs of the esteemed customers of Punjab & Sind Bank, across mass, mass premium and premium segments. PSB SBI Card ELITE and PSB SBI Card PRIME have been designed to offer lifestyle privileges and best in class experience to premium and mass premium customers, respectively. PSB SimplySAVE SBI Card offers rewarding experience to value conscious customers through accelerated rewards and benefits on their spending.

SBI Cards and Payment Services is a payment solutions provider in India.

SBI Cards AndPayment Share Price

677.55 8.80 (1.32%)
10-Apr-2026 16:59 View Price Chart
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