SBI Cards and Payment Services Limited — Credit Ratings, 17-11-2025: Credit Rating- New

Crisil has reaffirmed SBI Cards' ratings at 'Crisil AAA/Stable' (long-term) and 'Crisil A1+' (short-term) for its debt instruments and bank facilities. The outlook is 'Stable'. This reflects strong parent support from SBI, a steady market position, and comfortable profitability. The total rated bank loan facilities were also enhanced to Rs 62,000 Cr.