SBI’s credit card business aims to raise $1.1 bln via IPO – source
SBI Card & Payments Services Ltd,
the credit card subsidiary of State Bank of India (SBI)
, plans to raise about 80 billion Indian rupees ($1.12
billion) via an initial public offering this year, a senior SBI
executive involved in the process said.
the credit card subsidiary of State Bank of India (SBI)
, plans to raise about 80 billion Indian rupees ($1.12
billion) via an initial public offering this year, a senior SBI
executive involved in the process said.
Posted by Reuters
