07-01-2022 10:36 AM | Source: Accord Fintech
SBI Card gains on launching `Aditya Birla SBI Card` in partnership with Aditya Birla Finance
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SBI Cards and Payment Services is currently trading at Rs. 771.90, up by 3.60 points or 0.47% from its previous closing of Rs. 768.30 on the BSE.

The scrip opened at Rs. 768.30 and has touched a high and low of Rs. 772.50 and Rs. 764.80 respectively. So far 10226 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1164.65 on 01-Sep-2021 and a 52 week low of Rs. 656.10 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 790.75 and Rs. 753.45 respectively. The current market cap of the company is Rs. 72574.59 crore.

The promoters holding in the company stood at 69.59%, while Institutions and Non-Institutions held 21.94% and 8.47% respectively.

SBI Cards and Payment Services (SBI Card) has launched 'Aditya Birla SBI Card', a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance (ABFL), the lending subsidiary of Aditya Birla Capital. The card has been designed to give customers significant reward points on their spending around telecom, fashion, travel, dining, entertainment, and hotels, among others. This makes 'Aditya Birla SBI Card' one of the most compelling cards for customers across segments, offering exciting benefits on both premium and mass brands that belong to the Aditya Birla Group.

The rewards-centric credit card has been launched in two variants - 'Aditya Birla SBI Card SELECT' and 'Aditya Birla SBI Card', on the Visa platform. Cardholders can avail greater value back in the form of reward points on their spends on Aditya Birla Group Companies, be it on telecom bills through Vodafone Idea (Vi) or on lifestyle stores such as Louis Philippe, The Collective, Van Heusen, Allen Solly, Peter England, American Eagle, Polo, and Pantaloons among others. In fact, this card provides an added advantage of accelerated Reward Points on spends in hotels, a key benefit for travel savvy consumers.

SBI Cards and Payment Services is a payment solutions provider in India.