'SBI Cards & Payment Services conducted a conference call on 24 October 2025 to discuss its financial results for the quarter ended September 2025. Salila Pande, MD&CEO addressed the call:
Highlights:
As a customer- centric organization, SBI card continues to
pursue growth by focusing on offering seamless experiences, personalized
rewards, and best-in-class credit card products to millions of customers across
the country.
The company continues to strategically deepen presence by
forging partnerships with leading brands. We launched three marquee co-brand
credit cards in Q2FY26.
Cards in force increased 10% to 2.15 crore end September
2025. The company added 9.36 lakh new accounts while continuing to focus on
quality acquisition.
SBI card continues to be India''s second largest credit card
issuer with cards enforce market share at 19%.
Sourcing from banca and open market channels was 50-50.
The s...
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