SBI Cards Declares Interim Dividend and Extends Internal Audit Head’s Tenure

SBI Cards & Payment Services Ltd ( (IN:SBICARD) ) just unveiled an update.

SBI Cards & Payment Services Ltd has declared an interim dividend of Rs 2.50 per equity share, representing 25% of the face value of Rs 10 for the financial year 2025-26, with March 11, 2026 set as the record date and dividend payment to be completed on or before April 3, 2026. The board also approved a four-month extension of Ved Prakash’s term as Executive Vice President and Head of Internal Audit, underscoring continuity in oversight of the company’s internal controls and governance during this period, while maintaining a trading window closure in line with insider trading regulations.

More about SBI Cards & Payment Services Ltd

SBI Cards & Payment Services Ltd operates in the consumer finance and payments industry, focusing on issuing and managing credit cards and related payment solutions. The company targets retail and corporate customers across India, leveraging its association with State Bank of India to expand its cardholder base and strengthen its position in the fast-growing digital payments market.

Average Trading Volume: 51,427

Technical Sentiment Signal: Sell

Current Market Cap: 710.4B INR

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