limited sbi card type non banking financial company industry financial services founded 1998 headquarters gurgaon india products credit cards parent state bank of india and ge capital website www.sbicard.com sbi cards & payments services pvt. ltd. or sbicpsl is a payment solutions provider in india . it is incorporated as a joint venture between the state bank of india india s largest bank and ge capital . 1 they are headquartered in gurgaon haryana delhi ncr and have branches in over 50 cities across india . 2 for the financial year ended march 31 2016 sbi card recorded a net profit of 271 crore and profit before tax of about 438 crore . 3 as of july 2016 the company has a customer base of 3.75 million credit cards . contents 1 shareholding 2 sbi credit cards 2.1 logo 3 milestones of sbi card 4 awards 5 see also 6 references 7 external links shareholding edit ge capital had in 1998 partnered with state bank of india to float two joint venture companies including sbi cards for developing credit card business in india . sbi cards & payment services is the front end of the business focusing on marketing and distribution of credit cards . on the other hand ge capital business process management services takes care of technology and processing as a captive bpo unit . ge capital owns 40 per cent in the former and 60 per cent in the latter . sbi owns 60 per cent in sbi cards and payment services and 40 per cent in the captive bpo unit . as on july 2016 state bank of india was looking for a replacement for ge capital in the credit card joint venture in accordance with general electric s global plan to exit from finance business . 4 sbi credit cards edit sbi card caters to both the individual and corporate segments . sbi card offers a number of cards under each of the following categories premium card classic card travel & shopping card exclusive card corporate card logo edit the sbi card logo has the symbol of state bank of india which is a circle and not key hole and a small man at the center of the circle . citation needed milestones of sbi card edit 1998 sbi card enters the credit card space 5 1999 reaches the 1 lakh mark within 10 months of launch 6 2002 sbi card enters the 1 million cards club 2002 first partnership with a public sector bank 7 2003 sbi card launches 8 cities affinity cards with special tie ups & offers 8 2005 the 2 million cards milestone crossed 9 10 2006 sbi card launches sbi railway card for indian railway travellers 11 2006 the launch of co brand cards sbi spicejet card & tata cards india s first loyalty cum credit card 12 13 2006 sbi card becomes second largestcredit card issuer with 3 million cards 14 2010 sbi platinum card launched 15 16 2011 launches chip based emv cards 17 2012 launches sbi signature card for hnis 18 2013 sbi card launches the air india sbi signature card and the air india sbi platinum card 19 awards edit reader s digest most trusted brand gold award 2008 2009 2010 2012 2013 20 21 rated 2 in cnbc consumer awards 2 years in a row 2007 2009 22 winner of best mature captive delivery unit in asia 2009 23 reader s digest most trusted brand gold award 2008 24 25 rated 2 in business world survey on customer satisfaction 2007 26 see also edit state bank of india sbi life insurance company references edit company overview of sbi cards & payment services private limited bloomberg businessweek . retrieved 10 january 2013 . sbi cards growth india times . retrieved 8 january 2013 . http www.thehindubusinessline.com money and banking sbi card still looking for a partner to replace ge caps article8816339.ece http www.thehindubusinessline.com money and banking sbi card still looking for a partner to replace ge caps article8816339.ece sbi card enters credit cards express india . retrieved 9 january 2013 . sbi cards base crosses 5 lakh mark in 2 years express india . retrieved 11 january 2013 . first partnership with a public sector bank india times . retrieved 26 december 2012 . sbi launches hyderabad card the hindu business line . retrieved 11 january 2013 . sbi card now 2 million strong and growing indiantelevision . retrieved 12 november 2012 . sbi card crosses 2 million mark corporate news . retrieved 1 october 2012 . railways join hands with sbi to launch co branded credit card financial express . retrieved 25 october 2012 . spicejet sbi cards launch co branded credit card the hindu . retrieved 11 october 2012 . tata group sbi launch card with loyalty theme the hindu business line . retrieved 15 november 2012 . sbi cards is no. 2 credit card co rediff india abroad . retrieved 16 september 2012 . sbi cards launches platinum card the hindu . retrieved 16 september 2012 . sbi launches platinum card the hindu . retrieved 1 october 2012 . emv cards economic times . retrieved 3 january 2012 . hni cards the hindu business line . retrieved 9 january 2013 . air india sbi cards launch co branded credit card the hindu business line . retrieved 17 september 2013 . sbi card voted india s most trusted brand in reader s digest asia trusted brands 2009 survey business standard . retrieved 21 november 2013 . sbi card voted most trusted credit card brand in reader s digest trusted brands survey 2010 business standard . retrieved 21 november 2013 . sbi card voted india s most trusted brand in reader s digest asia trusted brands 2009 survey business standard . retrieved 7 january 2013 . ge capital sbi joint venture wins award the hindu . retrieved 10 january 2013 . sbi card voted india s most trusted brand in reader s digest asia trusted brands 2009 survey business standard . retrieved 10 january 2013 . sbi card voted as india s most trusted brand cnbc moneycontrol . retrieved 11 january 2013 . sbi card voted india s most trusted brand in reader s digest asia trusted brands 2009 survey business standard . retrieved 11 january 2013 . external links edit sbi card official website retrieved from https en.wikipedia.org w index.php title sbi cards & oldid 732968184 categories credit cardsdebit cardsstate bank of indiacompanies based in gurgaonhidden categories use dmy dates from october 2015use indian english from october 2015all wikipedia articles written in indian englishall articles with unsourced statementsarticles with unsourced statements from october 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 4 august 2016 at 13 30 . text is available under the creative commons attribution sharealike license ; additional terms may apply . 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