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Cards and Payment Services LimitedMain BoardEquity2025-04-012026-03-312025-10-242025-10-15INRCroresQuarterlySecond quarterSingle segmentCREDIT CARD BUSINESS2025-10-2416:00:002025-10-2417:47:00trueCash Flow IndirectNot applicabletruetrueNANAtruetruetrue2025-03-29https://sbi-pvt.sbicard.com/sbi-card-en/assets/docs/pdf/who-we-are/notices/rpt-policy.pdffalsefalseThere is no default on loans and debt securities during the quarter and the half year ended September 30, 2025.2025-07-012025-09-30UnauditedStandalone248986000000022654100000000204500000185260000049609800000175500000051364800000000157620000076007000003501000002692800000001292720000020220100000453671000005997700000059977000001779800000-22980000015500000004447700000000044477000001650000044642000009515500000104.674.67004.674.670.0331001. The above unaudited financial results of the Company have been prepared in accordance with the Indian Accounting Standards (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, the other relevant provisions of the Companies Act, 2013, and the Master Directions/ Guidelines/Circulars issued by Reserve Bank of India (RBI) as applicable and relevant to Non-Banking Financial Companies as amended from time to time. The Company has consistently applied its material accounting policies in the preparation of its financial results for the quarter and half year ended September 30, 2025. 2. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 24, 2025 and have been subjected to "Limited Review" by the joint statutory auditors of the Company in terms of Regulation 33 and Regulation 52 read with Regulation 63 (2) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements} Regulations, 2015 ("SEBI Regulations"), as amended including relevant circulars issued by SEBI from time to time. These financial results are available on the BSE Limited’s website (www.bseindia.com), the National Stock Exchange of India Limited’s website (www.nseindia.com) and on the Company's website (www.sbicard.com). 3. Management has exercised necessary due diligence to ensure that the said results provide a true and fair view of its affairs. Note: Since this notes tab does not provides provision for data in tabular format, therefore, for Information Pursuant to the Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the remaining notes, please refer the results in PDF format filed by the Company. Further, Right of Use Asset is clubbed with Property, Plant and Equipment as there is no separate row for the same. <BR> 2025-04-012025-09-30UnauditedStandalone4983010000000445655000000004644000003518900000983789000003307400000101686300000000319050000015729000000700400000456780000000264427000003757440000088204800000134815000000134815000003883400000-409300000347410000010007400000000010007400000-61000001000130000095155000001010.5210.520010.5210.520.033100Business development incentive income1852300000Insurance commission income300000Business development incentive income3518100000Insurance commission income800000Oprationg and other expense20220100000Oprationg and other expense37574400000315189000001812200000036458000005785567000005905990000029179000006775114000000048391000000019108000002000008580000007709000001349990000021106700000698618100000951550000013837730000014789280000014789280000001491600000167663000000763000004140210000041610290000003474010000021950700000532530000000172600000739440000001062830000018195300000550725300000698618100000Remeasurements of the defined benefit liabilities / (asset)2210000022100000Remeasurements of the defined benefit liabilities / (asset)-8100000-81000005600000-200000016500000-6100000157290000000-129640000000-60000000-87992400000-93400000194400000232850000000-1033800000700400000264337000006024000000-115089000000192000000199500000045300000000000-57927000000-444455000000163646000002234830000036407000000-4210250000000000000780000016660000020400000000170294000000000000000000000192330000000513510000000290000003151900000000043956000002000000000012500000000332500000100000000431110000006143600000061436000002537530000031518900000SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionFinance charges Borrowing Made Borrowing Repaid270002000000Nil786989400000209398600000221954000000The Column pertaining to 'Value of the Related Party Transactions as approved by the Audit Committee' includes following limits approved by the Audit Committee: Credit Limit - Rs. 25,000 Crores; Participation in Debentures issued by the Company - Rs. 2,000 crores. Issuing & Paying agent for commercial paper issued by the Company- Rs. 0.20 crores.SBI Cards and Payment Services Limited******SBI DFHI Limited******Fellow SubsidiariesAny other transactionFinance charges1000000000Nil370000005200000000SBI Cards and Payment Services Limited******SBI General Insurance company limited******Fellow SubsidiariesAny other transactionFinance charges7500000000Nil26790000036973000002058900000Value of the Related Party Transactions as approved by the Audit Committee' is Not applicable for the finance charges, as the Debentures were acquired from secondary market.SBI Cards and Payment Services Limited******SBI Capital markets limited******Fellow SubsidiariesAny other transactionFinance charges20075000000Nil413000005267000001563200000SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionInterest On FD20000000Nil50000000SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionFixed Deposit made Fixed Deposit matured500000000Nil56000001220000012600000SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyPurchase of goods or services4770000000Nil1582100000468000000386900000SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAdvanceNil0167700000101900000The amount mentioned in the column "Opening Balance and Closing Balance"pertains to GST Input credit to be availed later with regard to various transactions.SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyLoan432000000Nil5600000500000400000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Capital markets limited******Fellow SubsidiariesLoan432000000Nil12000000100000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Life Insurance Company Limited******Fellow SubsidiariesLoan432000000Nil1600000200000300000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Funds Management Limited******Fellow SubsidiariesLoan432000000Nil2170000011000001000000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI DFHI Limited******Fellow SubsidiariesLoan432000000Nil80000000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Cap Securities Ltd******Fellow SubsidiariesLoan432000000Nil139000001300000900000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Cap Trustee Co. Ltd******Fellow SubsidiariesLoan432000000Nil000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI General Insurance company limited******Fellow SubsidiariesLoan432000000Nil310000022000000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI SG GLOBAL SECURITIES SERVICES PRIVATE LIMITED******Fellow SubsidiariesLoan432000000Nil3100000200000100000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI FACTORS LIMITED******Fellow SubsidiariesLoan432000000Nil1600000200000100000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******INVESTEC CAPITAL SERVICES (INDIA) PRIVATE LIMITED******Promoter group ConstituentLoan432000000Nil136000006000002100000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI PAYMENT SERVICES PRIVATE LIMITED******Fellow SubsidiariesLoan432000000Nil390000000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******State Bank Operations Support Services Private Limited******Fellow SubsidiariesLoan432000000Nil1800000300000100000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Pension Funds Private Limited******Fellow SubsidiariesLoan432000000Nil1100000100000200000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******SBI Ventures Limited******Fellow SubsidiariesLoan432000000Nil40000000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******Key Managerial Personnel/Director******Key Managerial Personnel/DirectorsLoan432000000Nil66000001200000300000Any otherBorrowing[Including Loans{funded/nonfunded,debentures, Commercial Paper}]0.068As per Term sheet/agreementLoan0.45As per agreementUnsecuredCredit Card UsageThe amount of Rs. 43.2 Crore mentioned in the Column 'Value of the Related Party Transactions as approved by the Audit Committee' denotes the combined limit for the Credit Card issued to the Related Parties of the Company.SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionConrtibution to Other Fund - NPS23700000Nil930000012000001600000SBI Cards and Payment Services Limited******SBI General Insurance company limited******Fellow SubsidiariesSale of goods or services5800000Nil100000100000100000SBI Cards and Payment Services Limited******SBI Card Employees Gratuity Fund******other related partyAny other transactionGratuity Fund ContributionNil95300000415000003700000The value in the Column pertaining to 'Value of the Related Party Transactions as approved by the Audit Committee' will be as per actuarial valuation in line with employee benefit policy.SBI Cards and Payment Services Limited******SBI Foundation******Fellow SubsidiariesInvestmentNil000Investment0NAUnsecuredInvestment in EquitySBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionCash and Bank BalancesNil01077930000016483900000This Related Party Transactions denotes Bank Account balance of the Company.SBI Cards and Payment Services Limited******Key Managerial Personnel/Director******Key Managerial Personnel/DirectorsAny other transactionPersonnel costNil3750000000The value in the column pertaining to ' Value of the Related Party Transaction as approved by the Audit Committee' will be as per the policy of the Company.SBI Cards and Payment Services Limited******State Bank of India******Holding CompanyAny other transactionLease Rental400000Nil20000000SBI Cards and Payment Services Limited******SBI Life Insurance Company Limited******Fellow SubsidiariesAny other transactionFinance Charge Borrowings7500000000Nil4290000001279170000011737800000The amount mentiond in the column closing Balance pertains to the Debentures (including interest) acquired from secondary market.SBI Cards and Payment Services Limited******SBI General Insurance company limited******Fellow SubsidiariesAny other transactionInsurance Expense2100000Nil10000000SBI Cards and Payment Services Limited******Yes Bank Ltd.******Promoter group ConstituentAny other transactionFinance charges Borrowing Made9575000000Nil04003000000The Column pertaining to 'Value of the Related Party Transactions as approved by the Audit Committee' includes following limits approved by the Audit Committee: Participation in Debentures issued by the Company - Rs. 950 crores. Arranger Fee for Debentures issued by Company- Rs. 7.50 crores.789575300000