Journalism of Courage
SBI Cards
SBI CARDS NEWS
Bank ‘deducts’ money from man’s ‘inactive’ credit card, ordered to refund Rs 1.26 lakh
July 24, 2026 6:03 pm
The commission observed that, as financial institutions of the country, the opponents were required to maintain proper records of every customer who availed a credit card facility. However, they failed to do so in the present case.
SBI seeks recovery of Rs 115 overpaid to senior citizen; consumer court rejects plea
June 26, 2026 7:22 pm
An Andhra Pradesh District Consumer Commission was hearing an execution application filed by a man alleging that the company had failed to comply with the commission's earlier judgment dated September 17, 2025.
SBI cards penalised for sending bills to man despite credit card’s cancellation
May 26, 2023 7:55 am
As per the order dated May 20, SBI Cards and Payment Services has to pay Rs 2 lakh to Antony within two months, failing which the amount will be increased to Rs 3 lakh.
Facing credit card defaults, banks move to settle dues
October 28, 2020 10:51 am
Banks and card issuers have managed to show lower NPAs so far due to the moratorium that was valid till August 2020 — the issue of interest waiver is being heard in the Supreme Court.
Google Pay partners with Visa to allow card-based payments through tokenisation
September 21, 2020 2:01 pm
Through tokenisation, Google Pay Android users can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details.
SBI Card reports average daily spends at over Rs 175 crore in May
June 02, 2020 3:02 pm
In May, with zone-based relaxations, sourcing of new accounts has gradually increased, and new cards run rate has reached approximately 2,500 cards per day, SBI Card said.
SBI Cards makes weak stock market debut, settles over 10% below issue price
March 16, 2020 6:13 pm
Over 6.08 crore shares of SBI Cards and Payment Services were traded on the NSE while over 41.67 lakh shares exchanged hands on the BSE during the first day of trade.
SBI Cards IPO: Here's how to check if you've been allotted shares
March 11, 2020 7:47 pm
The IPO of SBI Cards saw a whopping 26.54 times subscription over the 10,02,79,411 offered shares during the offer period. Here's how you can check if you have been allotted shares.
SBI Cards IPO concludes, subscribed 26.54 times on the final day of bidding
March 05, 2020 7:14 pm
The IPO of the credit card arm of India's largest public-sector lender State Bank of India (SBI) received bids of over 266 crore shares against the total issue size of 10 crore shares, data available with the stock exchanges showed.
SBI Cards IPO subscribed 2.51 times so far on third day of bidding
March 04, 2020 1:58 pm
The initial public offer (IPO) received bids for 25,12,78,800 shares against the total issue size of 10,02,79,411 shares, as per NSE data till 1200 hrs.
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