SBI Cards launches Eternal SBI Card cashback product on October 15, 2026

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Launched Eternal SBI Card on October 15, 2026
  • Product category is cashback for domestic market
  • Disclosed to BSE and NSE under SEBI regulations
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SBI Cards and Payment Services Limited launched the Eternal SBI Card on October 15, 2026. The new offering is categorized as a cashback product designed for the domestic market.

The company disclosed the product launch to both the BSE and the National Stock Exchange of India under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The event occurred at approximately 2:30 pm on the date of launch.

Product details

The Eternal SBI Card is exclusively targeted at domestic customers. No international markets were included in this specific launch phase.

Detail Information
Product name Eternal SBI Card
Launch date October 15, 2026
Category Cashback
Market Domestic

The disclosure was signed by Payal Mittal Chhabra, Chief Compliance Officer and Company Secretary. Details regarding the product are also available on the company's official website.

Historical Stock Returns for SBI Cards

1 Day5 Days1 Month6 Months1 Year5 Years
+0.92%+2.83%-12.52%-14.58%-37.42%-49.50%

How will the Eternal SBI Card's cashback structure impact SBI Cards' net interest margins compared to its existing premium credit card portfolio?

What specific competitive responses are anticipated from HDFC Bank and ICICI Bank in the domestic cashback credit card segment following this launch?

Will SBI Cards plan to expand the Eternal SBI Card to international markets, and what regulatory hurdles might that expansion face?

SBI Cards hosts investor meet with Nuvama; 17 firms attend

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • SBI Cards hosted a virtual investor meet on September 30, 2026
  • Meeting organized by Nuvama ran from 6:00 pm to 7:00 pm IST
  • Seventeen institutional investors participated in the session
  • Only publicly available information was shared during the call
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*this image is generated using AI for illustrative purposes only.

SBI Cards and Payment Services Limited hosted a virtual group interaction with investors and analysts on September 30, 2026. The meeting, organized by Nuvama, took place from 6:00 pm to 7:00 pm IST.

The company confirmed the schedule in a filing to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure ensures timely dissemination of information regarding corporate interactions with market participants.

Meeting details

The interaction was categorized as a group meeting, indicating a broader audience rather than one-on-one discussions. The event was held virtually with participants connecting from Gurugram.

Date Time Organizer Mode Duration
September 30, 2026 6:00 pm to 7:00 pm Nuvama Virtual 1 hour

Participant list

Seventeen institutional investors participated in the call. The list includes major asset management companies and investment firms such as Nippon India, TATA AMC, DSP, and Balyasny Assets Management.

  • New Horizon Wealth Management Private Limited
  • Balyasny Assets Management
  • North Rock
  • Nippon India
  • The Wealth Company AMC
  • Tara Capital
  • 360 One
  • 3P Investment Managers
  • DSP
  • TATA AMC
  • Jcurve Capital
  • Mirae AMC
  • Invesco MF
  • SBI Life
  • Bandhan
  • Arrowpoint
  • Millenium Partners

Disclosure compliance

The company stated that information already available in the public domain was shared during the call. No new material financial data or forward-looking guidance was disclosed during this specific session.

The final schedule, including the list of participating investors, was published on the company's website after the conclusion of the meeting. SBI Cards noted that the schedule is subject to change.

Historical Stock Returns for SBI Cards

1 Day5 Days1 Month6 Months1 Year5 Years
+0.92%+2.83%-12.52%-14.58%-37.42%-49.50%

How might the participation of major asset managers like Nippon India and TATA AMC in this interaction influence SBI Cards' institutional shareholding pattern in the upcoming quarter?

Given the strict adherence to disclosing only public domain information, what specific regulatory pressures are driving SBI Cards to maintain such conservative communication standards during analyst calls?

What impact could the virtual format of this high-profile investor interaction have on SBI Cards' ability to attract new foreign institutional investors compared to traditional in-person roadshows?

More News on SBI Cards

1 Year Returns:-37.42%