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SBI Cards & Payment Services Ltd ( (IN:SBICARD) ) has shared an update.
SBI Cards & Payment Services Ltd has declared an interim dividend of Rs 2.50 per equity share, or 25% of the Rs 10 face value, for the 2025-26 financial year, with March 11, 2026 set as the record date and payouts to be completed by April 3, 2026. The move underscores the company’s ongoing shareholder-return policy while highlighting its operational confidence and cash-generation capacity.
The board has also approved a four-month extension of Ved Prakash’s term as Executive Vice President and Head of Internal Audit, from March 1 to June 30, 2026, ensuring continuity in a critical risk and governance function. This extension, coupled with the ongoing trading window closure under insider trading norms, signals a focus on robust internal controls and regulatory compliance during a key financial reporting period.
More about SBI Cards & Payment Services Ltd
SBI Cards & Payment Services Ltd is a leading Indian credit card issuer, operating in the financial services and payments industry. The company offers a broad portfolio of consumer and corporate credit cards across segments, leveraging its association with State Bank of India to target mass, affluent, and corporate customers nationwide.
Average Trading Volume: 51,427
Technical Sentiment Signal: Sell
Current Market Cap: 710.4B INR
Find detailed analytics on SBICARD stock on TipRanks’ Stock Analysis page.