State Bank Of India

State Bank of India (SBI), the nation’s biggest lender, has entered into a tie up with Fashion at Big Bazaar (FBB), the fashion destination of the Future Group to offer a co-branded credit card, ‘Styleup’. This new co-branded Card will come with Rs 500 joining gift and will offer a lifetime flat 10% discount on fashion apparel, footwear at all FBB and Big Bazaar stores. Furthermore, the customers will also get 10 times rewards on all Big Bazaar purchases. The card will also provide 2.5% fuel surcharge waiver.

State Bank of India has registered 30.54% jump in its net profit at Rs 3100.41 crore for second quarter ended September 30, 2014 as compared to Rs 2375.01 crore for the same quarter in the previous year. Total income of the bank has increased 12.46% at Rs 41833.36 crore for Q2FY15 as compared Rs 37199.92 crore for the corresponding quarter previous year.