SBI Cards and Payment Services Limited has informed the Exchange about Product launch
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SBI Cards has launched a new co-branded credit card called 'Bank of Maharashtra SBI Card' on August 18, 2025. The product falls under the banking co-brands category and is targeted at the domestic Indian market. This is a partnership product with Bank of Maharashtra, adding to SBI Cards' existing portfolio of co-branded offerings. No financial details, customer base targets, or revenue impact were disclosed in the filing.
This is a routine co-branded card launch that may modestly expand SBI Cards' customer base through Bank of Maharashtra's banking network, but no material financial impact or guidance change was indicated.