SBI Card

SBI Cards and Payment Services Ltd. (SBI Card) posted a 10% year-on-year increase in net profit to Rs. 445 crore for the quarter ended September 2025, driven by higher card spending and improved interest income. The company’s total revenue rose on the back of strong credit card usage, expanding customer base, and consistent growth in revolving balances. Despite competitive pressures and rising finance costs, SBI Card maintained a steady asset quality profile.

In a significant step toward deepening consumer engagement in the travel and payments ecosystem, SBI Card and IndiGo have launched two co-branded credit cards: IndiGo SBI Card and IndiGo SBI Card ELITE. Integrated with IndiGo’s BluChip loyalty programme, these cards allow users to earn reward points across flight bookings, hotels, travel services, and everyday purchases. The standard card comes with an annual fee of Rs. 1,499, while the ELITE variant is priced at Rs. 4,999, offering superior privileges including international lounge access, milestone bonuses, and enhanced reward rates.