SBI Cards Engages with Institutional Investors in BoFA Securities Group Call, Announces Upcoming Conference

1 min read     Updated on 15 Sept 2025, 06:21 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

SBI Cards participated in a BoFA Securities group call on September 15, 2025, attracting 42 participants from major financial institutions. The company is also set to attend a Jefferies India conference on September 18, 2025. These activities demonstrate SBI Cards' commitment to transparent investor relations, sharing only publicly available information during these events.

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*this image is generated using AI for illustrative purposes only.

SBI Cards and Payment Services Limited , a leading credit card issuer in India, recently participated in a series of investor relations activities, demonstrating its commitment to transparency and engagement with the financial community.

BoFA Securities Group Call

On September 15, 2025, SBI Cards took part in a group call organized by BoFA Securities from 12:05 PM to 12:50 PM in Gurugram. The call attracted significant attention from the institutional investment community, with 42 participants representing major asset management companies, mutual funds, insurance companies, and international investment firms.

Notable participants in the call included:

  • Aditya Birla Sun Life AMC
  • Axis Mutual Fund
  • Bajaj Allianz Life Insurance
  • Citadel Advisors Europe
  • HSBC Asset Management
  • Nomura Asset Management
  • Tata Mutual Fund

The diverse range of participants underscores the broad interest in SBI Cards from various sectors of the financial industry. During the call, the company shared information that was already available in the public domain, maintaining its commitment to fair disclosure practices.

Upcoming Investor Conference

In addition to the group call, SBI Cards has announced its participation in an upcoming investor conference. The company's representatives are scheduled to attend a conference organized by Jefferies India on September 18, 2025, at 10:00 AM. This in-person event will take place in Gurugram, providing another opportunity for the company to engage with investors and analysts.

Commitment to Investor Relations

SBI Cards' active participation in these investor relations activities highlights the company's dedication to maintaining open lines of communication with the investment community. By engaging in group calls and conferences, the company ensures that investors and analysts have access to up-to-date information about its operations and performance.

The company has stated that all information shared during these events is already available in the public domain, reinforcing its adherence to regulatory guidelines and commitment to fair disclosure practices.

As SBI Cards continues to navigate the dynamic credit card industry in India, these investor relations activities serve as crucial touchpoints for the financial community to gain insights into the company's strategies and performance.

Investors and stakeholders interested in following SBI Cards' investor relations activities can find updated information on the company's website at www.sbicard.com .

Historical Stock Returns for SBI Cards

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SBI Cards and Flipkart Launch Co-Branded Credit Card with Attractive Cashback Benefits

1 min read     Updated on 03 Sept 2025, 03:11 PM
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Reviewed by
Shriram ShekharScanX News Team
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Overview

SBI Cards and Payment Services has partnered with Flipkart to introduce the Flipkart SBI Credit Card. The card offers tiered cashback rewards: 5% on Flipkart and Cleartrip, up to 7.5% on Myntra, 4% on platforms like Zomato and Uber, and 1% on other eligible transactions. Additional benefits include a Rs 250 Flipkart gift card welcome reward, annual fee waiver on spends above Rs 3.5 lakh, fuel surcharge waiver, contactless payment, global ATM access, and flexible repayment options. The collaboration aims to enhance customer loyalty and increase transaction volumes across partnered platforms.

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*this image is generated using AI for illustrative purposes only.

SBI Cards and Payment Services , a leading credit card issuer in India, has joined forces with e-commerce giant Flipkart to introduce the Flipkart SBI Credit Card. This strategic partnership aims to offer cardholders a range of tiered cashback rewards across various spending categories, enhancing the value proposition for consumers in the digital payments landscape.

Key Features of the Flipkart SBI Credit Card

The newly launched credit card comes with an array of benefits designed to cater to diverse consumer needs:

  • Tiered Cashback Structure:

    • 5% cashback on Flipkart and Cleartrip transactions
    • Up to 7.5% cashback on Myntra purchases
    • 4% cashback on popular platforms like Zomato, Uber, Netmeds, and PVR
    • 1% cashback on all other eligible transactions
  • Welcome Reward: New cardholders receive a Rs 250 Flipkart gift card upon joining

  • Annual Fee Reversal: The annual fee is waived for customers who spend above Rs 3.5 lakh in a year

  • Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between Rs 500 and Rs 4,000, capped at Rs 400 per billing cycle

  • Advanced Payment Features:

    • Contactless payment capability for convenient transactions
    • Global ATM access for cash withdrawals

Additional Benefits

The Flipkart SBI Credit Card also offers several supplementary features to enhance user experience:

  • Family-Friendly: Option to add up to three family members with add-on cards

  • Utility Bill Payments: Easy Bill Pay feature for hassle-free utility payments

  • Flexible Repayment: Flexipay facility allows conversion of purchases above Rs 2,500 into EMIs within 30 days of transaction

This collaboration between SBI Cards and Flipkart represents a significant move in the competitive credit card market, offering a product that combines the strengths of a leading financial institution with a major e-commerce platform. The tiered cashback structure, particularly favoring Flipkart ecosystem purchases, aims to drive customer loyalty and increase transaction volumes across partnered platforms.

For consumers, the card presents an opportunity to maximize rewards on their online and offline spending, with a focus on e-commerce, food delivery, ride-hailing, and entertainment sectors. The annual fee reversal feature also incentivizes higher card usage, potentially leading to increased customer engagement and retention.

As the digital payments landscape in India continues to evolve, such co-branded offerings are likely to play a crucial role in shaping consumer behavior and driving the adoption of credit card usage across various spending categories.

Historical Stock Returns for SBI Cards

1 Day5 Days1 Month6 Months1 Year5 Years
-2.25%+1.81%+6.29%+2.97%+9.62%+6.54%
SBI Cards
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