How Did Institutional Investors Respond to the ICICI Securities Delisting Proposal?

83.8% of public institutional shareholders voted for ICICI Securities delisting. 67.8% of public non-institutional shareholders voted against the proposal. However, institutional investors pushed through the proposal.

ICICI Securities Shareholding Pattern

Let’s break down the ICICI Securities shareholding pattern. Public institutional investors owned nearly 70% of ICICI Securities’ shares. This is significantly less than shares of others. For instance, foreign and domestic institutional investors only owned 16.68%. Non-institutional public shareholders merely owned 8.55%.

This data belongs to Q3 of FY 2023-24.

Proxy Advisory Firm’s Support for ICICI Securities Delisting

Numerous proxy advisory firms support this delisting. This includes ISS and Institutional Investor Advisory Services (IiAS). Stakeholder Empowerment Services (SES) and InGovern Research Services also voted in favour of the decision.

ICICI Securities Ownership Structure

As of December 31, 2023, ICICI Bank held a 74.77% stake in ICICI Securities. The remaining 25.23% was publicly-held.

Stock Market Reaction

As of 11.43 AM, the ICICI Securities share price is up by 1.34%. It was trading at ₹893.10. The share price opened at ₹884.00. The previous close was ₹881.25.

As of 11.45 AM, the ICICI Bank share price is up by 1.15%. It was trading at ₹1,336.95. The share price opened at ₹1,316.00. The previous close was ₹1,309.85.

Details of ICICI Securities Merger

After the ICICI Securities delisting, it will become a wholly-owned subsidiary of the ICICI Bank. ICICI Securities’ shareholders holding 100 shares will receive 67 shares in exchange from the ICICI Bank. The swap ratio has been fixed at 67:100. The plans were initially announced on June 25, 2023.

Rationale for ICICI Securities Delisting

The delisting would allow ICICI Securities to enhance its customer focus. It would lead to improvements in synergy. This would make its operations more seamless.

Conclusion

ICICI Securities’ delisting has been finalised after the approval of institutional investors. Retail investors had resisted initially. But the NCLAT has overruled their petition. The merger will create a wholly-owned subsidiary. This will enhance the companies’ synergies and focus on customer satisfaction.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

A JV Between Tata Projects and HCC Secures a Contract Worth ₹2,470 Crore

Hindustan Construction Company (HCC) and Tata Projects (TPL) secured a construction contract on Thursday, March 20, 2025. The JV will build a pumped storage project worth ₹2,470 crore in Maharashtra. The offer was made by Tata Power Company.

As of 10.22 AM, Tata Power share price was up 1.65%. It was trading at ₹376.45.

PSP Contract Details 

As per the stock exchange filing, the JV will construct an Off-Stream OpenLoop Pumped Storage Project (PSP). It will have an annual capacity of 1000 MW. The capacity will be split between 2×333 MW and 2×167 MW. The project will be based in Bhimpur (Karjat, Maharashtra).

Scope of Work

The JV will construct dams and reservoirs under the project. It will also create tunnels to ensure seamless water flow. They will build a powerhouse for electricity production. They will also build supporting structures and roads. They will install screens and gates for controlling excessive water flow. They will also coordinate the entire electrical and mechanical work jointly.

HCC’s Experience with Hydroelectric Projects

HCC has successfully developed nearly 26% of India’s hydropower capacity. It is currently executing 5 different hydroelectric power projects. This includes the construction of a 1000 MW Tehri Pumped Storage System in Uttarakhand.

HCC Share Performance

HCC share prices were down 2.23% on Thursday, March 20. They closed at ₹24.60 apiece, which was a decrease of 0.56 points. This is compared to the previous close of ₹25.16 per share.

HCC share price has delivered gains worth 426.77% over the past 5 years. The stock price has corrected by 43.46% year-to-date. During the past 6 months, it has declined 42.95%. The company’s market capitalisation is ₹4,997 crore as of 10.17 AM.

Project Significance for JV

The contract is a significant win for Tata Projects and HCC. It reinforces their capacity and strength to lead India’s hydropower sector. The project will enhance Maharashtra’s existing energy storage capacity.

Conclusion

The JV’s ₹2,470 crore order from Tata Power Company will strengthen its position in India’s hydropower sector. It will also enhance India’s energy storage infrastructure, thereby accelerating the nationwide shift towards renewable energy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks).

Gold Jewellery Attracts Major Financial Deductions; Check Out Tips For Reinvestment

Gold jewellery holds significant financial and cultural value in India. Its prices have touched record highs. However, it is imperative to understand the breakup of making charges on gold jewellery. This will help you to take important decisions that will maximise your returns on gold resale.

Consumption of Gold Jewellery in India

India’s consumption of gold jewellery is expected to rise significantly. This will occur despite weaknesses in purchase volumes due to price growth. Gold is preceived as a hedge against inflation. Digital and lightweight gold are becoming extremely popular. This will drive the growth of India’s jewellery market in the coming years.

The Breakdown of Gold Resale

The market price and retail price of gold jewellery in India vary significantly. The retail price includes gold markup and manufacturing costs. Exchanging or selling gold involves major deductions.

Breakup of Making Charges 

Making charge is an irrecoverable loss for gold buyers. They typically account for 10%-25% of the original purchase. Jewellers also levy a market price deduction (roughly 5%) on making charges. This increases the overall cost of purchasing gold. Moreover, the government levies 3% GST on the original purchase price. This leads to a significant reduction in resale value.

Impact on Gold Jewellery’s Final Value

Assume you paid ₹1,00,000 to acquire gold. After all these deductions, the final value of your gold would be ₹69,112.5. This tells us that customers typically recover only 75%-60% of their notional market value. Capital gains taxes also reduce the overall gains on gold jewellery.

This significantly reduces gains on gold resale. Moreover, old/less pure items of gold offer a lower market price.

Reinvestment Options for Gold Jewellery 

With ₹69,112.5, it is advisable to invest in gold coins and bars as they provide a 100% buyback option. This also avoids losses associated with jewellery’s making charges.

Market Demand and Consumer Behaviour

Based on news reports, consumers in Tier II and Tier III cities are demanding trendy gold jewellery. Gold is increasingly being seen as a long-term investment asset. Short-term investors are capitalising on price fluctuations to maximise their gains. Long-term investors are building their portfolios to build personal wealth. Gold loans are also becoming extremely popular.

The Reality of High Gold Jewellery Prices and Liquidity

High gold prices have prompted Indians to reconsider the value of their gold reserves. Gold is seen as a liquidity tool. Small, new gold pieces are preferred more. Hence, gold is becoming expensive, not more heavy.

Conclusion

Selling gold involves heavy financial deductions in India. Understanding these calculations can help you make smarter decisions. It is better to buy gold coins and bars instead of gold jewellery to avoid these deductions. The rising preference for lighter and digital gold is expected to sustain the growth of the jewellery industry in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Understanding ICICI Securities’ Delisting and its Swap Ratio

On March 21, equity shares of ICICI Securities will be suspended from trading after market hours. This follows news of its merger with ICICI Bank. Here we explain the details of the swap ratio for you.

The ICICI Securities Swap Ratio Explained

ICICI Bank will offer shares to ICICI Securities’ shareholders. The swap ratio is fixed at 67:100. This implies that for every individual holding 100 shares of ICICI Securities, ICICI Bank will provide 67 shares.

Stating simply, if you hold ICICI Securities shares, you will instead receive ICICI Bank’s shares.

As of 3.30 PM on March 20, ICICI Bank share price was up 0.42% and closed at ₹1,318.55.

The record date is March 24, 2025, for this conversion. Those holding ICICI Securities’ shares on or before this date will be eligible to receive shares from ICICI Bank.

Shareholder Votes and Regulatory Approval 

Shareholders have already approved the delisting. As per news reports, 93.82% of the company’s private shareholders voted in favour. Besides, 71.88% of all its public shareholders also voted in favour of this decision.

However, some minority shareholders opposed this delisting. They claimed that the process was designed to favour the ICICI Bank. When this matter was placed before the NCLAT, the petition was dismissed. The tribunal approved the delisting and allowed the company to proceed.

Current Stock Market Performance

As of March 20, 2025, at 3.30 PM, ICICI Securities share price up 1.00% and closed at ₹885.80. Over the past 6 months, the ICICI Securities share price had declined by nearly 1.25%. But a broader view suggests that the stock price surged by 21.95% this year.

The company’s market capitalisation was ₹28,790 crore at 3.30 PM. The stock has surged by nearly 25% from June 2024, when it hit a 52-week low.

Conclusion

The ICICI Securities delisting and swap ratio are now clear. The 67:100 ratio means for every 100 shares, you will receive 67 ICICI Bank shares. The March 24th record date is crucial for eligibility. Make sure to understand the details, so as to avoid any confusion.   This will help you in making smarter investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Did You Know These Popular Brands Are Owned by Adani Group?

The Adani Group is nationally renowned for its energy and infrastructure business. However, it also owns many popular brands that people are not aware of. Here we list some of the most popular brands belonging to the company:

Ambuja Cements and ACC

In 2022, the Adani Group acquired Ambuja Cements and ACC for nearly US$10.5 billion. This made it India’s biggest M&A deal ever made in the domestic building materials industry. ACC had an annual production capacity of 34.45 million tons. Ambuja Cements also had an annual production capacity of nearly 31 million tons.

As of 3.30 PM, Ambuja cement share price closed at ₹504.60 on the NSE. ACC share price , down 0.66%, and closed at ₹1,887.50.

NDTV: A Media Giant

In December 2022, the Adani Group acquired a 64.71% stake in NDTV. The latter owned 3 TV news channels: NDTV 24×7, NDTV Profit, and NDTV India. The deal was completed through its subsidiary AMG Media Networks Limited.

Adani Wilmar: Food and FMCG

The Adani Group also owns Adani Wilmar. This was formed in 1999 as a 50:50 joint venture between Wilmar International and Adani Enterprises. It is renowned as India’s biggest edible oil brand with a 20% market share. Adani Wilmar is also responsible for producing packaged foods, and other household staples.

Mumbai International Airport (MIAL)

In 2021, the Adani Group acquired a 74% controlling stake in MIAL. It is now India’s second busiest airport. It handles 40 million+ passengers annually. The Group also holds a stake in several other other Indian airports.

Adani Electricity Mumbai Limited (AEML)

Adani Electricity Mumbai serves 3 million+ customers in Mumbai. Its distribution network spans over 400 square kilometers. It annually supplies over 10,000 million units of electricity.

Adani Ports and Special Economic Zone Limited (APSEZ)

APSEZ is India’s biggest private port operator. It operates nearly 13 ports and terminals across the country. These ports are responsible for handling around 24% of India’s total volume of cargo. Mundra Port is a flagship port developed by APSEZ. It is renowned as India’s biggest private commercial port.

Adani Green Energy Limited (AGEL)

AGEL is India’s biggest renewable power company. By 2030, it aims to achieve 45 GW of renewable energy capacity.

Adani Enterprises Limited (AEL)

AEL operates in multiple sectors. This includes mining, airports, roads, and data centers. It is an incubator for the Group’s new business activities. AdaniConneX, which is its joint venture with EdgeConneX, is involved in establishing data centers across the country.

Conclusion

The Adani Group’s portfolio is extremely diverse. It extends beyond the company’s core infrastructure businesses. It includes a wide range of well-known brands across different industries. The scale and scope of the Group’s business acquisitions highlight its rapid growth.

Don’t forget to read on about the popular brands of Reliance Industries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RBI Data: Net FDI Slips to US$1.4 Billion in Apr-Jan 2025; Gross FDI Surges by 12.4%

Net foreign direct investment (FDI) inflows in India have declined substantially. In FY 2023-24, net FDI inflows were nearly US$11.5 billion driven by higher repatriation and outward FDI. However, It fell to US$1.4 billion in April-January 2025.

As per the Reserve Bank of India (RBI), gross FDI has remained high. During FY 2023-24, gross FDI inflows were estimated at US$60.2 billion. During April-January 2025, it witnessed a year-on-year growth of 12.4%. It reached US$67.7 billion.

Reasons Behind Net FDI Reducation 

Repatriation/disinvestment increased to US$46.1 billion. This was during the 10 months of FY 2024-25. In FY 2023-24, it was US$36.9. This is according to RBI data. Overseas investments by Indian firms surged sharply. In FY 2023-24, it was US$11.8 billion. From April 2024 to January 2025, outward FDI grew to US$20.2 billion.

Sector-wise FDI Inflows

As per RBI’s March 2025 bulletin, manufacturing received most of the equity inflows. This sector was followed by manufacturing, electricity and other power sectors. The communication industry also received notable inflows.

India’s Share in Global Greenfield FDI

In 2024, India was globally ranked at the second position in terms of greenfield FDI projects. This was a notable jump from the 6th position in India. FDI projects worth US$1.8 trillion were under construction globally in 2024. India accounted for a share of 6% of such projects, worth over US$100 billion.

Emerging sectors such as communications, renewables, semiconductors, and metals have become increasingly attractive worldwide.

India’s FDI Projects

In India, renewable energy, semiconductors, and metals were the topmost industries. They collectively accounted for around 60% of the total FDI projects which were announced in 2024.

Overall Trend

As per the RBI, gross FDI into the Indian economy is rising. However, net FDI is falling, indicating higher outflows. This can be attributed to both increased overseas investment and repatriation. Certain sectors, especially emerging ones, are attracting notable amount of FDI.

Conclusion

India’s FDI landscape reflects a mix of change and growth. While gross inflows remain strong, outward investments, and increased repatriation are adversely impacting net FDI. Key sectors like semiconductors and renewables are getting significant global interest.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On March 20, 2025, as of 12:18 PM, the BSE Sensex was up 0.69% at 75,970.06, while the Nifty 50 was up 0.73% at 23,075.35. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
SANGINITA 10.02 11.73 9.93 11.73 19.94
VSTL 180 186.99 175 185.16 18.82
ISFT 97.9 115.28 97.9 110.7 15.23
LIKHITHA 260.35 298 259.05 293.1 13.83
SCI 160 182.5 160 178.94 13.48

Sanginita Chemicals Limited

Sanginita Chemicals share price surged by 19.94%, reaching ₹11.73 from ₹10.02, reflecting a strong upward movement as of mid-day.

Vibhor Steel Tubes Limited

Vibhor Steel Tubes Limited saw an 18.82% rise, with its share price climbing to ₹185.16 from ₹180, showing solid growth on the day.

Intrasoft Technologies Limited

Intrasoft Technologies Limited share price increased by 15.23%, reaching ₹110.70 from ₹97.90, indicating a positive performance as of mid-day.

Likhitha Infrastructure Limited

Likhitha Infrastructure experienced a 13.83% gain, with its share price rising to ₹293.10 from ₹260.35, reflecting strong market interest.

Shipping Corporation Of India Limited

Shipping Corporation of India saw a 13.48% increase, with its share price climbing to ₹178.94 from ₹160, showing significant upward momentum.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
KEI 3,155.25 3,169.95 2,762.25 2,844.00 -13.38
ADROITINFO 14.7 14.7 13.3 13.47 -8.86
POLYCAB 5,225.00 5,242.05 4,913.65 4,965.90 -8.69
BALAJEE 58.35 60.5 54.33 54.8 -6.02
DYCL 576.65 582.75 538.2 542.7 -5.8

KEI Industries Limited

KEI Industries Limited saw a significant decline of 13.38%, with its share price falling to ₹2,844.00 from ₹3,155.25 as of mid-day.

Adroit Infotech Limited

Adroit Infotech Limited’s share price dropped by 8.86%, falling to ₹13.47 from ₹14.70, reflecting a downward movement on the day.

Polycab India Limited

Polycab India Limited experienced an 8.69% decrease, with its share price falling to ₹4,965.90 from ₹5,225.00, showing a decline in value.

Shree Tirupati Balajee Agro Trading Company Limited

Shree Tirupati Balajee Agro Trading Company Limited’s stock dropped by 6.02%, reaching ₹54.80 from ₹58.35, indicating a negative performance as of mid-day.

Dynamic Cables Limited

Dynamic Cables Limited saw a 5.80% fall, with its share price declining to ₹542.70 from ₹576.65, reflecting a decrease in market value.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Raymond Share Price Gains Momentum, Surges by 20% In 4 Days

Raymond share price surged by over 4% on Thursday. This followed news of the resignation of Nawaz Modi Singhania (Non-Executive Director) on Wednesday.

Raymond Share Price Performance

Raymond share price surged by 4.43% during the day. It reached ₹1,479.1 per share, thereby recording its highest level from February 11, 2025. The stock pared some gains later in the day. It traded 0.77% higher at around ₹1,427.3 apiece.

The Nifty 50 rose by 0.36% as of 10:10 AM. The stock price increased by 16% on March 18, driven by high trading volumes. The rally reached 20% in 4 trading sessions. The company’s shares have witnessed a 16% decline this year. The Nifty 50 has declined by 2.7%. Raymond has a market capitalisation of ₹9,428.17 crore, as per the BSE.

Raymond’s Share Price Surges After Director’s Resignation

In a letter disclosed to the exchanges, Nawaz Singhania resigned from his position due to personal reasons.

Raymond Group Overview

Raymond Group was formed in 1925. It is a respectable pioneer of fabric manufacturing. After its demerger in 2024, it has expanded its business activity. This includes engineering and real estate.

Impact of Q3 Financial Results on Raymond Share Price

The company witnessed a 61% y-o-y fall in net profits. Its net profit was roughly ₹72.3 crore. In Q3 of FY 2023-24, the company earned ₹185.4 crore in net profits. The lower figures are a result of the demerger of the lifestyle business from others.

The company’s revenue from operations also increased by 40.6% year-on-year. It amounted to ₹953.9 crore, which was primarily driven by the growth of the real estate segment.

Market Impact

The stock market has reacted positively to Raymond’s director’s resignation. This is clear from the surge in Raymond share price. Hence, the company is going to focus on core businesses to drive business growth. This includes real estate.

Conclusion

The rise in Raymond share price indicates positive market sentiment after the director’s resignation. News reports suggest that the company will now focus on the engineering and real estate industry. Despite recording a reduction in net profits, sustained revenue growth indicates positive business performance.

As of 11.32 AM, Raymond share price was up 0.12% at ₹1414.65 on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NHPC Share Price in Focus: Company Announces Plans to Raise Debt

NHPC share price is in focus today. This follows the company’s board approval for raising up to ₹6,300 crore in debt during FY 2025–26. On Wednesday, NHPC stock was up 1.29% and closed at ₹80.19 on the BSE. The firm’s market capitalisation was roughly ₹80,551 crore. The stock had witnessed a 3% price decline this year.

NHPC’s Debt Raising Details

On Wednesday, around 12.04 lakh NHPC shares were traded on the BSE. As per news reports, the company will raise funds through unsecured/secured corporate bonds. They will be issued in multiple tranches on a private placement basis. These bonds will also be non-convertible and redeemable.

As per a stock exchange filing, NHPC will also raise debt via external commercial borrowings or term loans.

NHPC’s Partnership with RailTel 

RailTel has signed an agreement with NHPC to offer ICT and IT services.

NHPC Q3 Financial Performance

NHPC recorded a 52.5% year-on-year decline in net profits. In Q3, the company’s overall revenues reached ₹2,286.8 crore and net profits fell to ₹231 crore. Total revenue from operations surged by 11.3%. EBITDA climbed 35.8% on an yearly basis and reached ₹1,021.5 crore. EBITDA margins were estimated at 44.7%.

About NHPC 

NHPC Limited produces and distributes bulk power. It is also involved in other business activities such as project management, consultancy services, and construction contracts. The state-owned hydropower company also trades power. Its power stations are based across various regions. This includes Salal, Dulhasti, Nimoo Bazgo, Kishanganga, and Chutak.

Some of its other stations are based in Baira Siul, Dhauliganga, Tanakpur, Loktak, and Rangit.

Market Reaction

The Indian stock market reacted positively to the news of NHPC’s borrowing plan and its partnership with RailTel. The NHPC share prices increased. Despite witnessing a decline in profits, the company has shown EBITDA and revenue growth.

Conclusion

NHPC’s borrowing plan can influence the company’s future growth positively. Its partnership with RailTel will enhance its existing IT infrastructure. The company’s numerous power stations and business growth will strengthen its market position. Despite profit declines, EBITDA AND revenue growth reflect its operational strength.

As of 10.23 AM, NHPC share price was trading at ₹80.08, which was a 0.15% fall from the previous close.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SBI Card Updates Reward Points and Insurance Benefits

SBI Card has updated its existing reward points program. Moreover, it has revised terms of benefits for various cardholders. The changes will be effective from March and April respectively. Reward points on certain digital and travel purchases will be cut.

Affected Cards

To maximise their financial benefits, cardholders must be aware of the new changes. Based on news reports, the changes will apply to Air India SBI Platinum Credit Card customers. They will also apply to SBI Signature Credit Card users and SimplyCLICK SBI Card customers.

Changes in Online Transactions Made On Swiggy 

Effective from FY 2025-26, reward points for SimplyCLICK SBI Card users will be reduced. Specifically, digital transactions made on Swiggy will witness a cut from from 10X to 5X. However, card users will continue to earn 10X reward points for making transactions on other channels. This includes Apollo 24X7, Cleartrip, Dominos, BookMyShow, IGP, Yatra, Myntra, and Netmeds.

Air India Ticket Purchase Changes

SBI Card will update its reward benefits program for booking Air India tickets from March 31, 2025. Transactions made on Air India’s app/website will reduce to 5 reward points per ₹100. This change will be applicable for Air India SBI Platinum Credit Card primary cardholders.

Moreover, Air India SBI Signature Credit Card cardholders will also witness reward points cut. They will now earn 10 reward points per ₹100 spent.

Discontinuation of Complimentary Insurance Coverage

SBI Card intends to discontinue complimentary insurance coverage from July 26, 2025. This includes both complimentary air and rail accident insurance coverage worth ₹50 lakh and ₹10 lakh respectively.

Cardholder Awareness

Cardholders must review these new terms and adjust their spending habits. This will maximise other benefits for them.

On Wednesday, SBI Card share price opened at ₹849.00 and reached a high of ₹853.15. It closed at ₹844.20, up 0.58% from the previous close.

Conclusion

SBI Card’s updates to insurance benefits and reward points will affect many cardholders across India. These changes will be effective from March, April, and July 2025. This requires all cardholders to reassess their insurance needs and monthly spending habits. Staying informed is crucial for navigating these adjustments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks).