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SBI Card Share Price: Share price of SBI Card falls as Sensex drops 111.8 points

Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 9.48 per cent and 11.79 per cent, respectively. ....

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Don't expect bumper rewards on card spends this festive season

Analysts say the changes made by banks on credit cards this year reflect the new reality after the sharp 250-basis point increase in interest rates by the Reserve Bank of India (RBI) since May 2022 to restrain inflation. One basis point is 0.01 percentage point. ET analysed credit card rewards and charges for HDFC Bank, SBI Card and Axis Bank, which together make up more than 50% of the outstanding cards in the market. ....

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