SBI Card crosses 2 Cr card in force mark
PNS/ DEHRADUN
SBI Card has surpassed the 2 crore cards in force milestone. Since its inception in 1998, SBI Card has been designing a wide range of products to meet diverse customer needs, said the MD/CEO, SBI Card Abhijit Chakravorty, adding that this achievement underscored SBI Card’s pivotal role in transforming India’s credit card landscape and its promise of ‘Currency of Digital India’.
SBI Card has witnessed strong growth of around 25 per cent CAGR in cards in force and 26 per cent CAGR in spends between FY19 and FY24.
Chakravorty further said that SBI Card brand is based on the value proposition of ‘Make Life Simple’. “We remain committed to delivering unmatched value to our growing customer base as we continue to address their evolving needs,” he said.