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Indus Towers

2022-07-01T15:56:34Z

2405:204:8400:C63C:0:0:67F:F0B1:

{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Infobox company
| name =
| logo =
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| image =
| image_size =
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| trade_name =
| native_name =
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| romanized_name =
| former_name = Bharti Infratel Limited
| type =
| traded_as = {{Unbulleted list|{{BSE|534816}}|{{NSE|INDUSTOWER}}}}
| ISIN = INE121J01017
| ISIN2 =
| industry =
| genre =
| predecessor = 
| successor = 
| founded = {{Start date and age|2006}}
| founder = 
| defunct = 
| fate =
| hq_location = DLF Cyber City, [[Gurgaon]]
| hq_location_city =
| hq_location_country = [[India]]
| num_locations = 22 Telecom Circles
| num_locations_year = 
| area_served = Worldwide
| key_people = {{unbulleted list|Bimal Dayal (CEO)}}
| products =
| production =
| production_year = 
| brands =
| services =
| revenue ={{up}}{{INRConvert|27730|c}}
| revenue_year = FY2022
| operating_income ={{up}}{{INRConvert|9610|c}}
| income_year = FY2022
| net_income ={{up}}{{INRConvert|6380|c}}
| net_income_year = FY2022
| aum = 
| assets =
| assets_year = 
| equity =
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| owner = 
| members =
| members_year = 
| num_employees = 3300 (Approx.)
| num_employees_year = 
| parent = [[Bharti Airtel]]
| divisions =
| subsidiary =
| module = 
| ratio = 
| rating = 
| website = {{URL|industowers.com|Official website}}
| footnotes =
}}

'''Indus Towers Limited''' is an independently managed company offering passive [[Infrastructure as a service|infrastructure services]] to telecom operators and other wireless services providers such as broadband service providers. Incorporated in November 2006,<ref>{{cite web |title=Indus Towers |url=https://www.sec.gov/Archives/edgar/data/839923/000110465918039071/a18-6491_1ex4d27.htm |website=sec.gov}}</ref> Indus Towers Limited has been promoted under a joint venture between entities of [[Bharti Group]] including [[Bharti Infratel]] (rendering telecom and tower infrastructure services in India under the brand name [[Airtel]] and [[Bharti Infratel|Bharti Infratel Limited]] respectively) and [[Vodafone Idea Limited]] (rendering telecom services under the brand name [[Vodafone]] and [[Idea Cellular|Idea]]) to render passive infrastructure services to telecom service providers.<ref>{{Cite web|url=http://blbanewdelhi.org/article/detail/?pid=115|title=Belgium Luxembourg Business Association - New Delhi - Indus Towers: Keeping an all-seeing eye on India’s telecom infrastructure|website=blbanewdelhi.org|access-date=2017-07-25}}</ref>

Indus Towers Limited has over 172,094 towers and 314,106 co-locations and a nationwide presence covering all 22 telecom circles,<ref name="livemint.com">{{cite news |last1=Guha |first1=Ishita |title=Indus Towers Q3 net profit up 2% at ₹1,360 crore |url=https://www.livemint.com/companies/company-results/indus-towers-q3-net-profit-up-2-at-rs-1-360-crore-11611850068797.html |publisher=[[Livemint]] |date=28 January 2021}}</ref> it has the widest coverage in India and has already achieved 288,013 tenancies, a first in the telecom tower industry globally.<ref>{{Cite news|url=http://economictimes.indiatimes.com/news/economy/policy/merger-to-give-vodafone-idea-more-negotiating-powers-in-divesting-indus-tower-stake/articleshow/57761645.cms|title=Merger to give Vodafone, Idea edge in divesting Indus Towers stakes|last=Sengupta|first=Devina|date=2017-03-22|work=The Economic Times|access-date=2017-07-25|last2=Banerjee|first2=Niharika}}</ref><ref>{{Cite news|url=http://economictimes.indiatimes.com/news/company/corporate-trends/indus-towers-to-invest-rs-100-crore-to-set-up-500-new-sites-across-india/articleshow/55683542.cms|title=Indus Towers to invest Rs 100 crore to set up 500 new sites across India|last=Aulakh|first=Gulveen|date=2016-11-29|work=The Economic Times|access-date=2017-07-25}}</ref> Indus Towers Limited is formed by the merger of Bharti Infratel Limited and Indus Towers. This combined strength makes Indus Towers one of the largest telecom tower companies in the world.<ref>{{cite news |title=Bharti Infratel gets RoC nod for change of name to Indus Towers post mega merger |url=https://legal.economictimes.indiatimes.com/news/industry/bharti-infratel-gets-roc-nod-for-change-of-name-to-indus-towers-post-mega-merger/79716889 |publisher=[[The Economic Times]] |date=14 December 2020}}</ref><ref>{{cite news |title=Bharti Infratel, Indus merger complete; VIL gets ₹3,760 cr in cash for 11.15% holding in Indus |url=https://www.thehindu.com/business/Industry/bharti-infratel-indus-merger-complete-vil-gets-3760-cr-in-cash-for-1115-holding-in-indus/article33138890.ece |publisher=[[The Hindu]] |date=20 November 2020}}</ref><ref>{{cite news |last1=Gupta |first1=Deepali |last2=Barman |first2=Arijit |title=Bharti Infratel ringing in merger with Indus to create world’s largest telco t |url=https://m.economictimes.com/markets/stocks/news/indus-set-to-merge-with-bharti-infratel-to-create-worlds-largest-towers-co/articleshow/63904128.cms |publisher=[[The Economic Times]] |date=25 April 2018}}</ref><ref>{{cite news |title=Largest tower company in world outside China! Indus Towers, Bharti Infratel merger complete |url=https://www.businesstoday.in/sectors/telecom/largest-tower-company-indus-towers-bharti-infratel-merger-complete/story/422492.html |publisher=[[Business Today (India)|Business Today]] |date=20 November 2020}}</ref> Some of its major customers are [[Airtel]], Bharti Hexacom, [[Vodafone Idea Limited]] and [[Reliance Jio]].<ref name="livemint.com"/>

== History ==
Indus Towers Limited was founded in November 2006. It was incorporated with an objective to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis.<ref>{{Cite news|url=http://www.financialexpress.com/archive/teri-and-indus-towers-jointly-ink-mou-on-developing-innovative-renewable-energy-solutions/318567/|title=TERI and Indus Towers jointly ink MoU on developing innovative renewable energy solutions|work=The Financial Express|access-date=2017-07-25|language=en-US}}</ref>

=== Merger with Bharti Infratel ===
In 2017, reports suggested that [[Bharti Infratel]], who already owns 42% of Indus Towers, was looking to acquire the 53% stake in Indus Towers,<ref>{{Cite web|url=https://www.ft.com/content/686ddb56-6de2-11e7-bfeb-33fe0c5b7eaa|title=Subscribe to read|website=Financial Times|access-date=2017-07-25}}</ref> currently owned by [[Vodacom|Vodacom Group Plc]].<ref>{{Cite news|url=http://www.livemint.com/Industry/PjsOVZLNNhskBfdWgEbHnK/Bharti-Infratel-said-to-sound-out-banks-to-fund-8-billion-I.html|title=Bharti Infratel said to sound out banks to fund $8 billion Indus Towers deal|last=Alexander|first=George Smith|date=2017-06-01|work=livemint.com/|access-date=2017-07-25}}</ref> However, in July, the head of Vodafone stated that they were "actively considering" a float of their stake in Indus Towers. Vodafone went on to deliver a formal mandate to both [[Bank of America Merrill Lynch]] and [[Morgan Stanley]] to finalize buyers.<ref>{{Cite news|url=http://economictimes.indiatimes.com/news/economy/policy/tower-sale-plan-of-vodafone-idea-gathers-steam-ahead-of-merger/articleshow/59394089.cms|title=Tower sale plan of Vodafone, Idea gathers steam ahead of merger|last=Parbat|first=Kalyan|date=2017-07-01|work=The Economic Times|access-date=2017-07-25|last2=Kalesh|first2=Baiju}}</ref><ref>{{Cite news|url=http://www.businessinsider.in/Vodafone-India-Idea-merger-on-fast-track-Individual-towers-to-be-sold-at-the-earliest/articleshow/59399370.cms|title=Vodafone India-Idea merger on fast track: Individual towers to be sold at the earliest|work=Business Insider|access-date=2017-07-25}}</ref>

On 25 April 2018, Bharti Infratel and Vodafone Group issued a joint statement announcing the merger of Bharti Infratel and Indus Towers to create the second largest telecom tower company in the world. Under the terms of the agreement, Bharti Infratel will transfer 1,565 of its own shares for each Indus Towers share valuing the latter at $10 billion. Other major shareholders in Indus Towers such as Idea Cellular and Providence Equity Partners would be provided an option to cash out. [[Bharti Airtel]], the parent company of [[Bharti Infratel]], will hold the largest stake in the newly merged entity.<ref>{{cite web |title=India's Bharti Infratel, Indus merging to form $14.6 billion... |url=https://www.reuters.com/article/us-indus-towers-bharti-infratel/indias-bharti-infratel-indus-merging-to-form-14-6-billion-telecom-tower-giant-idUSKBN1HW0C8 |website=Reuters |accessdate=29 March 2019 |language=en |date=25 April 2018}}</ref> Prior to the merger, shareholding in Indus Towers was Bharti Infratel (42%), Vodafone Group (42%), Idea Cellular (11.15%) and Providence Equity Partners (4.85%).<ref>{{cite web |last1=Sengupta |first1=Devina |title=Bharti Infratel-Indus Towers merger likely to complete in the first quarter of next fiscal |url=https://economictimes.indiatimes.com/industry/telecom/telecom-news/bharti-infratel-indus-towers-merger-likely-to-complete-in-the-first-quarter-of-next-fiscal/articleshow/67456706.cms |website=The Economic Times |accessdate=29 March 2019 |date=9 January 2019}}</ref>
== Website ==
The website industowers.com attracted 4,82,429 users in the year 2019. Indus Towers website allow users to register their land for mobile tower installation.{{fact|date=June 2021}}

== Key people ==
Bimal Dayal is the current CEO of Indus Towers Limited.<ref>{{cite news |title=Bimal Dayal appointed CEO of Indus Towers |url=https://www.communicationstoday.co.in/bimal-dayal-appointed-ceo-of-indus-towers/ |publisher=Communications Today |date=15 December 2020}}</ref>

== References ==
{{Reflist}}

{{Bharti Enterprises}}
{{Nifty 200 companies}}

[[Category:Companies based in Gurgaon]]
[[Category:Indian companies established in 2007]]
[[Category:Bharti Airtel]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

{{India-company-stub}}

SBI Card

2022-06-30T09:01:50Z

2405:204:8400:C63C:0:0:67F:F0B1:

{{short description|Payment solutions provider in India}}
{{Advert|date=October 2021}}
{{Use dmy dates|date=October 2015}}
{{Use Indian English|date=October 2015}}
{{Infobox company
| name = SBI Cards and Payment Services Limited (SBI Card)
| logo = SBI card logo.png
| type = [[Non-bank financial institution|Non-banking financial company]]
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{Start date and age|1998|10||df=yes}}
| founder =
| defunct =
| location_city = [[Gurgaon|Gurugram]]
| location_country = India
| locations =
| traded_as = {{Unbulleted_list|{{NSE|SBICARD}}|{{BSE|543066}}}}
| ISIN = INE018E01016
| area_served = [[India]]
| key_people = Rama Mohan Rao Amara<br>{{small|([[Managing director|MD]] & [[Chief executive officer|CEO]])}}<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/banking/finance/banking/rama-mohan-rao-amara-takes-charge-as-new-md-ceo-of-sbi-card/articleshow/80600413.cms?from=mdr|title=Rama Mohan Rao Amara takes charge as new MD & CEO of SBI Card|newspaper=The Economic Times}}</ref>
| industry = [[Financial services]]
| products = [[Credit card]]s
| production =
| services = {{Bulleted_list|Credit Cards|Payments}}
| revenue = {{profit}} {{INRConvert|97135.8|m}} (March 2021)
| operating_income = {{profit}} {{INRConvert|92964.6|m}} (2020–21)
| aum =
| assets = {{profit}} {{INRConvert|270128.6|m}} (31 March 2021)
| equity =
| owner =
| divisions =
| subsid =
| homepage = [https://www.sbicard.com/ www.sbicard.com]
| footnotes =
| intl =
}}

'''SBI Cards & Payment Services Ltd.''', previously known as '''SBI Cards & Payment Services Private Limited''', is a pure play credit card company and payment solutions provider in [[India]]. SBI Card was launched in October 1998 by [[State Bank of India]], India's largest bank, and [[GE Capital]]. In December 2017, State Bank of India and [[The Carlyle Group]]<ref>[http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20966428 "Company Overview of SBI Cards & Payment Services Private Limited"] ''Bloomberg Businessweek''. Retrieved 10 January 2013.</ref> acquired GE Capital's stake in the company. SBI Card is headquartered in [[Gurgaon|Gurugram]], [[Haryana]]/[[Delhi NCR]] and have branches in over 100 cities across India.<ref>[http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/sbi-cards-to-focus-growth-in-tier-2-and-3-centres/articleshow/13492909.cms "SBI Cards Growth"] ''The Times of India''. Retrieved 8 January 2013.</ref> For the financial quarter ending 30 September 2021, SBI Card recorded a net profit of {{currency|345|INR}} crore and a total income of {{currency|2695|INR}} crore.<ref name="caps">{{Cite web|url=https://www.thehindubusinessline.com/money-and-banking/sbi-card-still-looking-for-a-partner-to-replace-ge-caps/article8816339.ece|title=SBI Card still looking for a partner to replace GE Caps|first=K. R.|last=Srivats|website=@businessline}}</ref>

==Shareholding==
[[State Bank of India]] held 60% share in SBI Cards & Payment Services Limited (SBICPSL) and 40% share in GE Capital Business Processes Management Services Limited (GECBPMSL). [[GE Capital]] held 60% in GE Capital Business Processes Management Services Limited and 40% in SBI Cards & Payment Services Limited.

In 2017, GE Capital exited its JV with State Bank of India as a part of its global strategy to exit financial services sector. Following this development, State Bank of India increased its share to 74% and [[The Carlyle Group]] invested 26% in both the entities while replacing [[GE Capital]]. SBI Card is now a listed company on [[India]]'s [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]] stock exchanges.<ref>[https://www.livemint.com/industry/banking/sbi-card-raises-rs-700-crore-from-banks-including-parent-bank-to-fund-growth-1557036953011.html] ''Livemint''. Retrieved 5 May 2019.</ref>

===New brand identity===
In February 2019, SBI Card unveiled new brand identity designed to appeal to the millennial generation. The redefined identity reflects the brand's contemporary and youth-focused outlook and its endeavour to build a stronger connect with millennial consumers. As part of the brand makeover, SBI Card also unveiled its new logo. The logo retains the blue keyhole and SBI wordmark for while the styling for the word ‘Card’ has been changed to a different typeface.<ref>{{Cite web|url=https://bestmediainfo.com/2019/02/sbi-card-revamps-brand-identity-unveils-new-logo/|title = SBI Card revamps brand identity, unveils new logo}}</ref>

==Milestones==
*1998: SBI Card enters the credit card space<ref>[http://www.expressindia.com/news/ie/daily/19981231/36551074.html "SBI Card enters Credit Cards"] ''Express India''. Retrieved 9 January 2013.</ref>
*1999: Reaches the ‘100,000’ mark within 10 months of launch<ref>[http://www.expressindia.com/fe/daily/20010109/fec09051.html "SBI Cards base crosses 5 lakh-mark in 2 years"] ''Express India''. Retrieved 11 January 2013.</ref>
*2002: SBI Card reaches the 1,000,000 mark
*2002: First partnership with a public sector bank<ref>[http://articles.economictimes.indiatimes.com/2003-02-09/news/27547657_1_sbi-cards-credit-cards-ubi-chairman "First Partnership with a public sector bank"] ''The Times of India''. Retrieved 26 December 2012.</ref>
*2003: SBI Card launches 8 Cities Affinity Cards with special tie-ups and offers<ref>[http://www.thehindubusinessline.in/2003/04/09/stories/2003040902001700.htm "SBI launches Hyderabad card"] ''Business Line''. Retrieved 11 January 2013.</ref>
*2005: The 2 Million Cards Milestone reached<ref>[http://www.indiantelevision.com/release/y2k6/jan/janrel13.htm "SBI Card Now 2 million strong and growing"] ''Indiantelevision''. Retrieved 12 November 2012.</ref><ref>[http://www.capitalmarketplus.com/cabnas/CabStory.asp?SNo=114604&Opt "SBI Card crosses 2 million mark"] ''Corporate News''. Retrieved 1 October 2012.</ref>
*2006: SBI Card launches SBI Railway Card for Indian Railway travellers<ref>[http://www.financialexpress.com/news/railways-join-hands-with-sbi-to-launch-cobranded-credit-card/147028/ "Railways Join Hands With SBI to Launch Co-Branded Credit Card"] ''The Financial Express''. Retrieved 25 October 2012.</ref>
*2006: The launch of co-brand cards, SBI Spicejet Card and TATA Cards, India's first loyalty cum credit card<ref>[https://web.archive.org/web/20071228070507/http://www.hindu.com/2006/03/28/stories/2006032815071600.htm "SpiceJet, SBI Cards launch co-branded credit card"] ''The Hindu''. Retrieved 11 October 2012.</ref><ref>[http://www.thehindubusinessline.in/2006/02/16/stories/2006021602240600.htm "Tata group, SBI launch card with loyalty theme"] ''Business Line''. Retrieved 15 November 2012.</ref>
*2006: SBI Card becomes the second largest credit card issuer, with 3 million cards<ref>[http://www.rediff.com/money/2006/aug/31sbi.htm "SBI Cards is No.2 credit card co"] ''Rediff India Abroad''. Retrieved 16 September 2012.</ref> issued
*2010: SBI Platinum Card launched<ref>[http://www.thehindu.com/business/companies/article863558.ece "SBI Cards launches platinum card"] ''The Hindu''. Retrieved 16 September 2012.</ref><ref>[https://web.archive.org/web/20101209021924/http://www.hindu.com/2010/12/05/stories/2010120560940300.htm "SBI launches Platinum Card"] ''The Hindu''. Retrieved 1 October 2012.</ref>
*2011: Launches chip-based EMV Cards<ref>[http://articles.economictimes.indiatimes.com/2011-08-01/news/29838657_1_sbi-cards-credit-card-emv "EMV Cards"] ''The Economic Times''. Retrieved 3 January 2012.</ref>
*2012: Launches SBI Signature Card for HNIs<ref>[http://www.thehindubusinessline.com/industry-and-economy/banking/article3455756.ece "HNI Cards"] {{webarchive|url=https://web.archive.org/web/20120629001836/http://www.thehindubusinessline.com/industry-and-economy/banking/article3455756.ece |date=29 June 2012 }} ''The Hindu Business Line''. Retrieved 9 January 2013.</ref>
*2013: SBI Card launches the Air India SBI Signature Card and the Air India SBI Platinum Card<ref>[http://www.thehindubusinessline.com/industry-and-economy/banking/air-india-sbi-cards-launch-cobranded-credit-card/article5137169.ece "Air India, SBI Cards launch co-branded credit card"] {{webarchive|url=https://web.archive.org/web/20131123112858/http://www.thehindubusinessline.com/industry-and-economy/banking/air-india-sbi-cards-launch-cobranded-credit-card/article5137169.ece |date=23 November 2013 }} ''The Hindu Business Line''. Retrieved 17 September 2013.</ref>
*2014: Launch of fbb SBI STYLEUP Card<ref>[https://www.jagranjosh.com/current-affairs/sbi-cards-tied-up-with-fbb-of-future-group-to-launch-a-cobranded-credit-card-named-styleup-1417757153-1] ''Jagran Josh''.</ref>
*2014: SBI Card reaches the 3,000,000 milestone for issued cards
*2015: Launch of SimplySAVE and SimplyCLICK SBI Card<ref>[https://economictimes.indiatimes.com/sbi-card-launches-simplyclick-a-credit-card-for-the-generation-that-is-always-online/articleshow/48953870.cms] ''The Economic Times''.</ref>
*2016: Launch of SBI Card ELITE<ref>[https://www.thehindubusinessline.com/money-and-banking/sbi-card-rolls-out-premium-plastic-for-hnis/article8811158.ece] ''Business Line''.</ref>
*2016: SBI Card reaches the 4,000,000 milestone with issued cards
*2017: Launch of Central SBI Card. SBI Card Unnati, Tata Star Card and BPCL SBI Card<ref>[https://www.business-standard.com/article/news-ani/sbi-card-launches-sbi-card-unnati-credit-card-to-facilitate-digital-payments-nationwide-117033000328_1.html] ''Business Standard''.</ref>
*2017: SBI Card reaches the 5,000,000 milestone with issued cards
*2018: Launch of Doctor's SBI Card and Apollo SBI Card<ref>[https://www.business-standard.com/article/companies/apollo-hospitals-sbi-card-partner-up-to-launch-co-branded-credit-card-118092600935_1.html] ''Business Standard''.</ref>
*2018: SBI Card reaches the 6,000,000 milestone for issued cards
*2019: Launch of SME Business Card, OLA Money SBI Credit Card, Etihad Guest SBI Card and Allahabad Bank SBI Card<ref>[https://www.financialexpress.com/money/international-credit-card-sbi-card-launches-etihad-guest-credit-card-is-it-for-you/1454932/] ''The Financial Express''.</ref>
*2019: SBI Card reaches the 8,000,000 milestone for issued cards
*2019: SBI Card reaches the 9,000,000 milestone for issued cards
*2020: In February 2020, SBI card offered the biggest [[initial public offering]] of 2020<ref>{{Cite web|url=https://investorzone.in/ipo/sbi-card-ipo-sbi-cards-payment-services-limited-ipo/|title=SBI Card IPO – SBI Cards & Payment Services Limited IPO – Dates, Price|website=InvestorZone|language=en-US|access-date=2020-03-13}}</ref>
*2020: SBI Card launches Lifestyle HC SBI Card, Max SBI Card and Spar SBI Card with Landmark Group<ref>[https://www.creditgyani.com/credit-card/lifestyle-home-center-sbi-card-select/] ''Credit Gyani''.</ref>
*2020: SBI Card launches [[IRCTC]] SBI Contactless Credit Card on RuPay platform<ref>{{cite news |last1=Shenoy |first1=Jaideep |title=Contactless credit card: IRCTC, SBI Card launch co-branded contactless credit card on RuPay Platform |url=https://timesofindia.indiatimes.com/business/india-business/irctc-sbi-card-launch-co-branded-contactless-credit-card-on-rupay-platform/articleshow/77804457.cms |access-date=12 June 2022 |work=The Times of India |language=en}}</ref>
*2020: SBI Card partners Google, enables cardholders to make payments using Google Pay
*2020: SBI Card partners with DMRC to launch contactless Delhi Metro SBI Card
*2020: SBI Card partners with Paytm to launch contactless Paytm SBI Card
*2020: SBI Card launches BPCL SBI Card OCTANE
*2021: Fabindia SBI Card SELECT and Fabindia SBI Card launched
*2021: SBI Card reaches the milestone for 12,000,000 issued cards

==Awards==
*[[Reader's Digest]] 'Most Trusted Brand Gold Award' (2008, 2009, 2010, 2012, 2013)<ref>[http://www.business-standard.com/article/press-releases/sbi-card-voted-india-s-most-trusted-brand-in-reader-s-digest-asia-trusted-brands-2009-survey-109060100096_1.html "SBI Card Voted India's Most Trusted Brand in Reader's Digest Asia Trusted Brands 2009 Survey"] ''Business Standard''. Retrieved 21 November 2013.</ref><ref>[http://www.business-standard.com/article/press-releases/sbi-card-voted-most-trusted-credit-card-brand-in-reader-s-digest-trusted-brands-survey-110060900128_1.html "SBI Card voted most trusted credit card brand in Reader's Digest Trusted Brands Survey 2010"] ''Business Standard''. Retrieved 21 November 2013.</ref>
*Rated #2 in [[CNBC]] Consumer Awards 2 years in a row (2007–2009)<ref>[http://www.business-standard.com/india/news/sbi-card-voted-indias-most-trusted-brand-in-readers-digest-asia-trusted-brands-2009-survey/359735/ "SBI Card Voted India's Most Trusted Brand in Reader's Digest Asia Trusted Brands 2009 Survey"] ''Business Standard''. Retrieved 7 January 2013.</ref>
*Winner of Best Mature Captive Delivery Unit in Asia (2009)<ref>[https://archive.today/20130125102822/http://www.hindu.com/2009/09/11/stories/2009091156281400.htm "GE Capital, SBI joint venture wins award"] ''The Hindu''. Retrieved 10 January 2013.</ref>
*[[Reader's Digest]] ‘Most Trusted Brand Gold Award' (2008)<ref>[http://www.business-standard.com/india/news/sbi-card-voted-indias-most-trusted-brand-in-readers-digest-asia-trusted-brands-2009-survey/359735/ "SBI Card Voted India's Most Trusted Brand in Reader's Digest Asia Trusted Brands 2009 Survey"] ''Business Standard''. Retrieved 10 January 2013.</ref><ref>[http://www.moneycontrol.com/news/business/sbi-card-voted-as-india%E2%80%99s-most-trusted-brand_339715.html "SBI Card voted as India's most trusted brand"] ''CNBC MoneyControl''. Retrieved 11 January 2013.</ref>
*Rated #2 in Business World Survey on Customer Satisfaction (2007)<ref>[http://www.business-standard.com/india/news/sbi-card-voted-indias-most-trusted-brand-in-readers-digest-asia-trusted-brands-2009-survey/359735/ "SBI Card Voted India's Most Trusted Brand in Reader's Digest Asia Trusted Brands 2009 Survey"] ''Business Standard''. Retrieved 11 January 2013.</ref>
*‘Most Innovative Technology Legacy Transformation’ award for Card One Customer Relationship Management tool at International Gartner Awards 2016<ref>[https://www.ndtv.com/business/stock/state-bank-of-india_sbin/reports-directors-report"] ''NDTV Profit''</ref>

==See also==
*[[SBI Life Insurance Company]]

==References==
{{reflist|3}}

== External links ==
* [http://www.sbicard.com Official website]

{{Nifty 200 companies}}
{{SBI}}

[[Category:Credit cards in India]]
[[Category:Debit cards]]
[[Category:State Bank of India]]
[[Category:Companies based in Gurgaon]]
[[Category:1998 establishments in Haryana]]
[[Category:Indian companies established in 1998]]
[[Category:Financial services companies established in 1998]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]