SBI Cards & Payment Services Ltd Company History

Incorporation of the Company and registration to act as a non-public deposit taking NBFC by RBI

Launch of the website

Registration to act as a corporate agent (composite) by IRDAI

Launch of the white label card with Tata Sons Limited

Launch of the co-branded card with IRCTC

Launch of the co-branded card with Air India

Launch of the EMV chip and pin enabled card

Awarded VISA Recognition, Best Issuing Institution” for excellence in Fraud Risk Management, 2013

Launch of the co-branded card with Fbb

Launch of the mobile application

Awarded AISA Outsthecing Excellence Award : Excellence in Customer Service” as part of CMO Asia Awards 2014

Awarded Gartner Global Eye on Innovation Award 2015”

Awarded "Global Regulatory and Compliance GE Beliefs Award" by General Electric

Awarded ”Global Service Quality Award For Risk Efficiency-Domestic Issuer”, 2015 by VISA

Launch of the SBI unnati” card

Awarded VISA Recognition Champion Security Award” South East Asia for Excellence in Fraud Risk Management- 2016

Awarded Compliance Team of the Year- Rest of the World” by GRCI

Awarded Global Quality Service Award For Authorisation Approval Rate-Card Not Present Commercial Issuer 2016” by VISA

Launch of Project Shikhar” to introduce the credit cards to SBI customers Exit of GE Capital from the Company and acquisition of its stake by both, SBI and CA Rover

Launch of the co-branded card with BPCL

Awarded Best Data Quality Awards-Consumer Bureau Category- NBFC”, 2017 by Transunion CIBIL

Awarded Visa Service Quality Award For Authorization Approval Rate- Card Not Present, Commercial Issuer”, 2017 by VISA

Launch of the virtual assistant chatbot, ‘Ask ILA’

Launch of the co-branded card with Apollo Hospitals Enterprise Limited

Awarded Best Loyalty Program in Financial Sector: Non-Banking – 2018” under Customer Loyalty Awards

Awarded Best Data Quality Awards- Consumer Bureau (NBFC)”, 2018 as part of CIBIL Data Quality Awards 2018

Awarded Corporate Excellence Gold Award for Compliance Innovation” as a part of SKOCH Summit 2018

Awarded VISA Global Service Quality Award for Pursuit of Excellence Global Fraud Rates 2018” by VISA

Awarded "Financial Crime Compliance Team of the Year, Regulated Industries" by Global Women in Compliance Awards London

Awarded Learning Innovator Award,” as part of GP Strategies Awards, 2018

Awarded "Corporate Excellence Gold Award" for Compliance Innovation by Skoch Awards

Awarded "Order of Merit" for Corporate Governance by Skoch Awards

Awarded "Order of Merit" for Compliance by Skoch Awards

Amalgamation of SBIBPMSL with the Company

Launch of the co-branded card with Etihad

Launch of the co-branded card with Allahabad Bank

Launch of the co-branded card with OLA Money Conversion to a public limited company

Launch of the shaurya” card for defence personnel on the Rupay Network

Awarded Best Loyalty Program in Financial Sector: Non-Banking – 2019” under Customer Loyalty Awards

Awarded VISA Recognition Champion Security Award”, South East Asia for Excellence in Fraud Risk Management, 2019 as part of VISA Security Summit

Awarded Gold Winner: Customer Service Department of the Year” as part of Golden Bridge Awards, 2019

Awarded Gold Winner: Customer Service Team of the Year” as part of Golden Bridge Awards, 2019

Awarded Silver Winner: Customer Service Outstanding Performance of the Year” as part of Golden Bridge Awards, 2019

Awarded Best Data Quality- Consumer Bureau amongst NBFCs 2019” as part of Data Quality Awards 2019

Awarded "ACAMS AML Professional of the Month" for January 2019 by ACAMS, US (Association of Certified Anti Money Laundering Specialists)

Awarded Gold Stevie Winner: Customer Service Executive of the Year” as part of Stevie Awards 2019

Awarded Sliver Stevie Winner: Customer Service Department of The Year” as part of Stevie Awards 2019

Awarded Compliance Professional of the Year Award” as a part of GRCI Compliance Professional Awards, 2019

Awarded Most Effective Arrangements – Financial Crime and Sanctions Compliance” as a part of the Compliance Register Platinum Awards for Exemplary Service to Compliance and Regulation, 2019

Grant of registration for the new logo under certain classes with the Registrar of Trademarks under the Trade Marks Act

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Awarded in the category of Analytics/Big Data” as part of the DELL Technologies BFSI Technology Conclave, 2020

SBI Card collaborates with Punjab & Sind Bank to launch co-brand credit cards.

SBI Card, Aditya Birla Finance join hands to launch 'Aditya Birla SBI Card'.