SBI Cards Receives ESG Score of 71 from SEBI Registered Rating Provider

1 min read     Updated on 07 Apr 2026, 10:49 AM
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Radhika SScanX News Team
AI Summary

SBI Cards and Payment Services Limited received an ESG score of 71 from ESG Risk Assessments & Insights Limited, a SEBI registered ESG rating provider. The company filed this information under Regulation 30 of SEBI regulations on April 7, 2026, following the rating event on April 6, 2026. The ESG rating details have been made available on the company's website for stakeholder access.

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SBI Cards and Payment Services Limited has been assigned an Environmental, Social, and Governance (ESG) score of 71 by ESG Risk Assessments & Insights Limited, a SEBI registered ESG rating provider. The company made this announcement through a regulatory filing to stock exchanges on April 7, 2026.

ESG Rating Details

The ESG assessment was conducted by ESG Risk Assessments & Insights Limited, which is a SEBI registered ESG rating provider. The rating evaluates the company's performance across environmental, social, and governance parameters.

Parameter: Details
ESG Score: 71
Rating Agency: ESG Risk Assessments & Insights Limited
Agency Status: SEBI Registered ESG Rating Provider
Event Date: April 6, 2026 at around 06:14 PM
Filing Date: April 7, 2026

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

The company has made the ESG rating information available on its official website at www.sbicard.com , ensuring transparency and accessibility for stakeholders.

Company Information

SBI Cards and Payment Services Limited is listed on both BSE and NSE with scrip code 543066 and symbol SBICARD respectively. The filing was signed by Payal Mittal Chhabra, Chief Compliance Officer & Company Secretary, and was digitally authenticated on April 7, 2026 at 10:11:05 +05'30'.

The company's registered office is located at Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi - 110034, while its corporate office operates from DLF Infinity Towers in Gurugram, Haryana.

Historical Stock Returns for SBI Cards

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%+4.98%-7.62%-27.31%-20.98%-30.08%

How might SBI Cards' ESG score of 71 influence institutional investor allocation decisions and the company's access to ESG-focused funds?

What specific ESG initiatives is SBI Cards likely to implement to improve its score and maintain competitiveness in the sustainable finance space?

Will other major credit card companies in India face pressure to obtain similar ESG ratings following SBI Cards' disclosure?

SBI Cards Appoints Amit Batra as Executive Vice President & Chief Strategy Officer

1 min read     Updated on 02 Apr 2026, 05:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

SBI Cards and Payment Services Limited has appointed Mr. Amit Batra as Executive Vice President & Chief Strategy Officer, effective July 01, 2026. The Board approved the appointment on April 01, 2026, based on the Nomination and Remuneration Committee's recommendation. Mr. Batra brings thirty years of leadership experience across strategy, operations, and business transformation, having previously served as COO at TransUnion CIBIL India and worked with organizations including GE Capital and Star TV. He is an INSEAD alumnus with a Master Black Belt in Lean Six Sigma and graduate of Institute of Hotel Management, Kolkata.

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SBI Cards and Payment Services Limited has announced a key senior management appointment, naming Mr. Amit Batra as Executive Vice President & Chief Strategy Officer. The appointment, effective July 01, 2026, was approved by the Board of Directors on April 01, 2026, following the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The company disclosed the appointment under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the significance of this senior management change. The formal announcement was made through regulatory filings to both BSE Limited and the National Stock Exchange of India Limited.

Parameter: Details
Position: EVP & Chief Strategy Officer
Effective Date: July 01, 2026
Board Approval Date: April 01, 2026
Recommendation Body: Nomination and Remuneration Committee

Professional Background

Mr. Amit Batra brings approximately thirty years of distinguished experience across various leadership positions. His expertise spans multiple domains including strategy, operations, sales, environmental, social and governance (ESG), as well as business transformation initiatives.

Prior to this appointment, Mr. Batra served as Chief Operating Officer at TransUnion CIBIL India, where he led enterprise transformation initiatives with a focus on sustainable growth, regulatory compliance and operational resilience.

Career Experience

Mr. Batra's professional journey includes notable positions at several prominent organizations:

  • TransUnion CIBIL India: Chief Operating Officer
  • SBI Card: Previous role (returning to the organization)
  • GE Capital: Leadership position
  • Star TV: Senior role
  • EQUUS Advertising: Management position
  • Modi Telstra: Executive role
  • Taj Group of Hotels: Leadership position

Educational Qualifications

Mr. Batra's educational credentials reflect his commitment to continuous learning and professional development. He is an alumnus of INSEAD, one of the world's leading business schools. Additionally, he holds a Master Black Belt in Lean Six Sigma, demonstrating his expertise in process improvement and operational excellence. His foundational education includes graduation from the Institute of Hotel Management, Kolkata.

Regulatory Compliance

The appointment disclosure was made in compliance with SEBI regulations, with the information also being uploaded on the company's official website at www.sbicard.com . The formal communication was signed by Payal Mittal Chhabra, Chief Compliance Officer & Company Secretary, ensuring proper regulatory adherence and transparency in corporate governance practices.

Historical Stock Returns for SBI Cards

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%+4.98%-7.62%-27.31%-20.98%-30.08%

What strategic initiatives might SBI Cards pursue under Batra's leadership given his ESG and business transformation expertise?

How could Batra's return to SBI Cards impact the company's competitive positioning in India's digital payments market?

Will SBI Cards accelerate its fintech partnerships or acquisitions following this strategic leadership appointment?

More News on SBI Cards

1 Year Returns:-20.98%