09-01-2022 04:13 PM | Source: Accord Fintech
SBI Card gains on launching 'Cash Back SBI Card
News By Tags | #5793 #572 #1480

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

SBI Cards and Payment Services is currently trading at Rs. 928.00, up by 6.10 points or 0.66% from its previous closing of Rs. 921.90 on the BSE.

The scrip opened at Rs. 921.00 and has touched a high and low of Rs. 951.05 and Rs. 910.00 respectively. So far 50924 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. 951.05 and Rs. 874.55 respectively. The current market cap of the company is Rs. 88662.64 crore.

The promoters holding in the company stood at 69.64%, while Institutions and Non-Institutions held 24.53% and 5.83% respectively.

SBI Cards and Payment Services (SBI Card) has launched ‘Cash Back SBI Card’, the first-of-its-kind and the most comprehensive Cash back credit card in India. Cash Back SBI Card’ is the industry's first Cashback-focused credit card that enables cardholders to earn 5% Cashback on all online spends without any merchant restrictions.

Targeted at customers across all categories, from mass to premium, the card offers a simple, seamless, and completely digital joining experience. Consumers across India, including tier 2 & 3 cities, can easily get ‘Cash Back SBI Card’ instantly from the comfort of their homes in just a few clicks through digital application platform ‘SBI Card Sprint’.

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