Foreign news: State Bank of India looks for new credit card partner 11 May 2015 3:23PM Banking Day staff Foreign news, State Bank of India is open to appointing a new partner for its credit card business after current partner GE Capital recently announced it would exit the financial service business globally. SBI and GE Capital have been partners since 1998 in the credit card business known as SBI cards. The bank has 60 per cent share and GE has the balance.