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SBI Cards & Payment Services Ltd ( (IN:SBICARD) ) just unveiled an update.
SBI Cards and Payment Services Ltd has declared an interim dividend of Rs 2.50 per equity share, representing 25% of the face value, for the financial year 2025-26, with March 11, 2026 set as the record date and payout to be completed by April 3, 2026. The move underscores the company’s continued profitability and shareholder-return focus in a competitive cards and payments landscape.
The board has also approved a four-month extension of the term of Ved Prakash as Executive Vice President and Head of Internal Audit, from March 1, 2026 to June 30, 2026, following recommendations from key board committees. His continued tenure is aimed at ensuring stability and continuity in the internal audit function, supporting robust governance and risk oversight at the company.
More about SBI Cards & Payment Services Ltd
SBI Cards and Payment Services Ltd is a leading Indian credit card issuer, operating in the consumer finance and payments industry. The company offers a wide range of credit cards and related payment solutions, targeting retail customers and leveraging its association with State Bank of India to deepen penetration in the fast-growing digital payments market.
Average Trading Volume: 51,427
Technical Sentiment Signal: Sell
Current Market Cap: 710.4B INR
For a thorough assessment of SBICARD stock, go to TipRanks’ Stock Analysis page.