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SBI Card gains on partnering with Reliance Retail to roll out Reliance SBI Card

SBI Cards And Payment Services is currently trading at Rs. 750.10, up by 3.55 points or 0.48% from its previous closing of Rs. 746.55 on the BSE.

SBI Cards

The scrip opened at Rs. 756.95 and has touched a high and low of Rs. 762.00 and Rs. 747.80 respectively. So far 71995 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 932.35 on 13-Jun-2023 and a 52 week low of Rs. 690.90 on 30-Jan-2023.

Last one week high and low of the scrip stood at Rs. 796.70 and Rs. 732.05 respectively. The current market cap of the company is Rs. 71969.38 crore.

The promoters holding in the company stood at 68.94%, while Institutions and Non-Institutions held 26.38% and 4.69% respectively.

SBI Cards

Additionally, Reliance Sbi Card users can also enjoy thoughtfully curated offers rolled out by SBI Card on an ongoing basis. This synergistic alliance between the two industry leaders aims to leverage the extensive network of SBI Card with the vast consumer reach and unique retail proposition of Reliance Retail to bring a spectrum of exclusive rewards, ranging from special welcome benefits to tailor-made travel and entertainment benefits, as well as special spends-based milestone rewards like renewal fee waiver and Reliance Retail vouchers for transacting across the Reliance Retail network.

The partnership aspires to redefine customer experience and create a new benchmark for credit card rewards in the Indian market. The co-branded card has been launched in two variants – Reliance SBI Card and Reliance SBI Card PRIME, each meticulously designed to bring varied rewards and lifestyle perks for distinct consumer needs.



This post first appeared on Udaipur Kiran, please read the originial post: here

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SBI Card gains on partnering with Reliance Retail to roll out Reliance SBI Card

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