SBI Cards appoints independent director, engages investors

SBI Cards and Payment Services Limited announced the appointment of Smt. Parvathy Vairava Sundaram as an additional independent director for a three-year term, effective December 9, 2025, pending shareholder approval. Smt. Sundaram, an executive director from the Reserve Bank of India, brings extensive experience in central banking regulation and supervision, including her involvement in the Asset Quality Review and Risk Based Supervision initiatives. She is not related to existing directors and is not debarred from holding a director's office.

Concurrently, SBI Cards engaged with investors through scheduled meetings. On December 9, 2025, the company held a one-on-one meeting with Dymon Asia from 10:40 AM to 11:30 AM in Gurugram.

Later on the same day, another one-on-one call was held with Schonfeld Strategic Advisors from 02:20 PM to 03:00 PM. Information already in the public domain was shared during these engagements.