The credit card issuing institution, SBI Cards and Payment Services Limited, was launched by the most prominent public sector bank in India, the State Bank of India, in October 1998. The company is solely aimed at providing its clients with the best credit card services. SBI credit cards have been issued to around 1.86 crore individuals as of January 2024, and hence, SBI cards have become the second-largest card issuer in the country, with HDFC Bank being the largest. The SBI Card headquarters are situated in Gurugram, Haryana, and the card issuer has branches across more than 100 cities in the country. Being operated under the most trusted bank in India, the card-issuing company SBI Cards and Payment Services Limited has received many business-related awards, including the ‘Most Trusted Brand Gold Award’ and a lot more.