Sbi Payment Services Private Limited logo

Sbi Payment Services Private Limited

Joint venture providing cashless transaction services for merchants through digital payment acceptance touchpoints.

2010 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

21 days ago

SBI Payment Services Private Limited was formed as a Joint Venture between State Bank of India (SBI) and Hitachi Payment Services Private Limited. The company's focus is on providing essential services for the Merchant Acquiring Business (MAB), including sourcing, managing merchant relationships, and offering support services for complaint management on behalf of SBI. These services are crucial in enabling merchants acquired by SBI to conduct cashless transactions, allowing them to accept payments from their customers for the goods and services they provide. This is made possible through various digital payment acceptance touchpoints of SBI, such as Point of Sale machines (PoS) (Swipe & Pay), Bharat QR (Scan & Pay), and BHIM-Aadhaar-SBI (Touch & Pay). With its presence across India, the company has successfully connected with a large number of merchants through a dedicated team of over 1400 employees.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU67100MH2010PTC200030
Company No.200030
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date12 Feb 2010
Date of AGM26 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Sbi Payment Services Private Limited

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Sbi Payment Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.24% increase. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth Soared by an impressive increase of 21.51%.

Corporate Structure

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Unlock access to Sbi Payment Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Sbi Payment Services Private Limited

Executive Team (2)

  • GN

    Girikumar Nair In Managing Director

    Appointment Date: 08-May-2020

    Status: Current

  • RS

    Ritesh Sinha CFO

    Appointment Date: 20-Feb-2020

    Status: Current

Board Members(8)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Recent activity within the organization

  • Activity

    Director Appointment

    Sharad Sharma was appointed as a Additional Director was appointed as a Additional Director on 20 Feb 2024 & has been associated with this company since 2 months 24 days .

    20 Feb 2024
  • Activity

    Director Appointment

    Ashwini Kumar Tewari was appointed as a Nominee Director was appointed as a Nominee Director on 02 Feb 2024 & has been associated with this company since 3 months 11 days .

    02 Feb 2024
  • Activity

    Annual General Meeting

    Sbi Payment Services Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023
  • Activity

    Director Appointment

    Debangshu Munshi was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jul 2023 & has been associated with this company since 9 months 15 days .

    30 Jul 2023
  • Activity

    Director Appointment

    Ganesh Natarajan was appointed as a Director was appointed as a Director on 11 Jul 2023 & has been associated with this company since 10 months 3 days .

    11 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Sbi Payment Services Private Limited?

Sbi Payment Services Private Limited was incorporated 14 years 3 months ago on 12 Feb 2010 with Registrar of Companies Roc Mumbai.

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