SBI Cards and Payment Services Limited — Updates, 01-04-2025: Press Release

SBI Card has announced that Salila Pande has taken charge as the Managing Director and Chief Executive Officer. With nearly three decades of experience at the State Bank of India, she brings a wealth of leadership experience and expertise in areas such as international banking, retail banking, and risk management. Ms. Pande previously served as the Chief General Manager for the Mumbai Metro Circle and as President & CEO of SBI California, where she successfully guided the bank through challenging economic conditions.

The Chairman of the State Bank of India expressed confidence that under Ms. Pande's leadership, SBI Card will continue to innovate and expand its offerings. Ms. Pande emphasized her commitment to enhancing customer experience and capitalizing on the growing adoption of digital payments in the Indian credit card market. The appointment is expected to strengthen SBI Card’s market position and drive growth in a rapidly evolving financial landscape.