SBI Cards and Payment Services Ltd (SBI Card) on Thursday announced that its Chief Risk Officer, Shantanu Srivastava, has resigned from his post, citing personal reasons. His resignation will be effective from the close of business hours on October 6, 2025, the company informed in a regulatory filing.

“In accordance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the RBI’s Master Direction for NBFCs under Scale Based Regulation, we wish to inform that Mr. Shantanu Srivastava… has tendered his resignation from the services of the Company owing to personal reasons,” SBI Card said in the filing to exchanges.

A copy of Srivastava’s resignation letter was also attached to the filing. In it, he wrote:“I tender my resignation from the position of Chief Risk Officer… with effect from the close of business hours on October 6, 2025, due to personal reasons. I request you to accept the same and relieve me accordingly.”

He also thanked the management and extended his best wishes to the company.

“I take this opportunity to thank you for your continued support and guidance during my tenure with SBI Card. My best wishes to the company for continued success and I am sure that the Company will scale new heights in the times ahead," Srivastava was quoted as saying.

Srivastava’s successor has not yet been announced.