Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

SBI Cards IPO: Here's everything you need to know

Copy URL
Embed

SBI Cards and Payment Services Ltd, the credit card subsidiary of State Bank of India (SBI) , India's largest lender, filed plans for an initial public offering (IPO) with the markets regulator and stock exchanges on Wednesday. The company plans to issue new shares worth 5 billion rupees and will offer up to 130.5 million shares for sale, according to the draft prospectus published by the lead managers of the deal.

7views
Have something to say? Post your comment

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service