About
Basic Data Updated:
21 days agoSBI 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
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U67100MH2010PTC200030 |
Company No. | 200030 |
Company Classification | Private Limited Indian Non-Government Company |
Incorporation Date | 12 Feb 2010 |
Date of AGM | 26 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Financials of Sbi Payment Services Private Limited
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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People in Sbi Payment Services Private Limited
Unlock and access historical data on people associated with Sbi Payment Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
GN
Girikumar Nair Managing DirectorAppointment Date: 08-May-2020
Status: Current
RS
Ritesh Sinha CFOAppointment Date: 20-Feb-2020
Status: Current
Board Members(8)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sbi Payment Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sbi Payment Services's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Sbicap Securities Limited
Active 18 years 8 monthsSharad Sharma, Ashwini Tewari and 1 more are mutual person
Recent activity within the organization
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 2024Director 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 2024Annual 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 2023Director 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 2023Director 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
- Hitachi Payment Services agrees to buy 26 in stake in SBI Payment Services.
Business Standard 19 Jan 2019
- CAM acts on SBI Payments Hitachi JV.
Legally India 06 Dec 2018
Frequently asked questions
What is the Incorporation or founding date of Sbi Payment Services Private Limited?