Page 7 - Sbi Card

SBI Cards lists 12% below issue price of Rs 755; recovers later

The stock saw a weak debut due to prevailing market condition as the uncertainty regarding the effect of the coronavirus epidemic continued to keep investor sentiment in check.

SBI Card IPO: YES Bank clients asked to pay using different bank account

Nearly Rs 1,500 crore worth of bids in the IPO have come from YES Bank accounts

SBI Cards IPO subscribed 26 times despite tough market conditions

The 100-million share offering generated close to 2.7 billion bids

SBI Cards IPO: Why analysts suggest subscribing despite rich valuation

Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.

Many SBI debit cards will expire in Jan 2020: Here's how to upgrade

Old Debit cards of SBI customers will become unusable from January 1. Therefore, customers will have to replace magnetic stripe debit cards with EMV Chip and PIN-based ones by Dec 31, 2019. Watch the video to know how to upgrade SBI cards

SBI Card slashes fuel surcharge to 1%

SBI Card is a joint venture between State Bank of India and GE Capital

Letters: An ill-conceived move

What is so sacrosanct about this magical figure of just Rs 2,000?

SBI card bill payment of Rs 2,000 by cheque to cost you Rs 100 more

The fee kicks in from April 1

SBI Card looks to increase biz flow from co-branded cards

Aims to grow share in business to 33% by 2020 from 15% now

SBI Card notices 'Vishing' fraud attempts, alerts customers

Recently, outgoing RBI Governor Raghuram Rajan had also warned public of fraudulent prize winning e-mails in the name of RBI

SBI Card to have more co-branding with other banks

It already has co-branding with Karur Vysya Bank, Bank of Maharashtra, Oriental Bank of Commerce, among others