Rajnikant Patel joins SBI Cards as Additional Independent Director
SBI Cards Board during its 27th Annual General Meeting, approved the appointment of Rajnikant Patel as an Additional Independent Director for a term of three years w.e.f. August 13, 202,5, till August 12, 2028.
Rajnikant Patel joins SBI Cards as Additional Independent Director
New Delhi, August 30, 2025: The shareholders of SBI Cards and Payment Services Ltd, on August 29, 202,5, during its 27th Annual General Meeting, approved the appointment of Rajnikant Patel as an Additional Independent Director on the Board of the Company for a term of three years w.e.f. August 13, 202,5, till August 12, 2028.
The company in its exchange filing states, "Mr. Rajnikant Patel is not related to any Director of the Company and also not debarred from holding the office of Director pursuant to any SEBI order or any other such authority as per the circular of the BSE Limited and the National Stock Exchange of India Limited relating to the "Enforcement of SEBI Orders regarding appointment of Directors" of the listed companies dated June 20, 2018.
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About Rajnikant Patel-Additional Independent Director, SBI Cards
Mr. Rajnikant Patel is a finance professional and holds a post graduate qualification in Commerce, LLB & Banking. He is certified Internal Auditor, ISO and Certified Financial Consultant. He has certification in Design Thinking from MIT Boston, Economic Development from University of Oxford, CSR from University of Pennsylvania and others. Mr. Patel is a veteran·financial markets leader with over 30 years of experience in Commercial Banking and Finance, Banking Regulation, Capital Markets, Commodity Markets, Information Technology, Cyber Security and Management Consultancy. Former MD & CEO of Bombay Stock Exchange (BSE) & Indian Commodity Exchange (ICEX), he is renowned for driving corporate transformation, technology innovation, and governance excellence.
He has worked for more than a decade with Reserve Bank of India in various areas of banking supervision and technology. He has also worked with multinational banks like BNP Paribas, State Bank Group and a nationalised bank. He advises and mentors startups on strategy. Mr. Patel has been member of various committees of SEBI, FMC, WDRA, CII, ASSOCHAM, FICCI, PHD, IMC, BMA etc. He has been recipient of various awards like Indira Super Achievers Award, HR Excellence Award, Employer Branding Award, IT People Award for Innovation, India's Greatest HR Professional, SuperBrand Guardian etc.
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