SBI Card Revenue and Competitors

Gurgaon, India

Location

N/A

Total Funding

Industry

Estimated Revenue & Valuation

  • SBI Card's estimated annual revenue is currently $1.7M per year.(i)
  • SBI Card's estimated revenue per employee is $133

Employee Data

  • SBI Card has 12792 Employees.(i)
  • SBI Card grew their employee count by 26% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1495.6M32578%N/AN/A
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SBI Card was launched in October 1998 by the State Bank of India and GE Capital. Incorporated as SBI Cards and Payment Services Limited (previously known as SBI Cards and Payment Services Private Limited), SBI Card is headquartered in Gurgaon, Haryana. In December 2017, State Bank of India and The Carlyle Group acquired GE Capital`s stake in the Company. SBI holds 74% while Carlyle holds 26% in the SBI Card. The aim of SBI Card is to offer Indian consumers access to a wide range of world-class, value-added payment products and services. Our endeavor is to simplify the lives of our customers, employees and other important stakeholders. Our innovative products and services along with our responsible corporate citizenship practices form the framework of delivering on this promise. Within a short span of 10 months, we achieved a credit card customer base of 1 lakh. We entered the '1 Million Card Club' in 2002 and crossed the 2 million card base in 2005. Today, with over 10 million credit card customers, we are the second-largest credit card issuer in the country. To learn more, please visit: http://www.sbicard.com/

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Total Funding

12792

Number of Employees

$1.7M

Revenue (est)

26%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SBI Card News

2022-04-20 - SBI Card share price up as RBI restricts shadow banks from issuing credit cards without approval

SBI Cards & Payment Services shares jumped on Friday, after the RBI restricted shadow banks from undertaking the credit card business...

2022-04-20 - NBFCs worth over Rs 100 crore can apply to start credit card biz

SBI Card, a subsidiary of State Bank of India is the only non-banking company to have received permission to issue cards.

2022-04-19 - Are you a frequent traveller? Here are five best credit cards with complimentary airport lounge access in...

Image Source: SBI Card | SBI Card Prime offers complimentary airport lounge access: 8 in India and four overseas in a calendar year.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$5491.2M12860N/A$1.4B
#2
$4537.4M4986114%N/A