SBI Cards and Payment Services (SBICARD) — Announcement

1 Announcement 🔴 High Importance Neutral 📄 PDF

SBI Cards and Payment Services Limited launched Apollo SBI Card SELECT, a domestic rewards-focused credit card product, on May 15, 2025. The launch represents the company's expansion into co-branded premium card offerings targeting the Indian market. This product diversifies SBI Card's portfolio and aims to capture rewards-conscious consumers in partnership with Apollo.

2 Announcement Neutral 📄 PDF

SBI Card partnered with Apollo HealthCo to launch the Apollo SBI Card SELECT, a co-branded credit card offering up to 25% value back on health-related purchases, welcome benefits including a 1,500 e-gift voucher and FITPASS PRO membership, and lifestyle perks like lounge access and fee reversals, targeting health-conscious consumers through digital application channels.

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About SBI Cards and Payment Services Limited (SBICARD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹59,570.5 Cr P/E: 27.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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