SBI readies Rp80bn share sale in card business IPO

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SBI readies Rp80bn share sale in card business IPO

Jonathan Breen
November 12, 2019 03:00 am
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State Bank of India is looking to raise about Rp80bn ($1.1bn) by selling a minority stake in SBI Cards’ planned jumbo IPO, according to a banker on the mandate.

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NomuraEquity IPOsEquityBank of AmericaIndiaAsiaSouth AsiaAXIS bankAsia PacificEmerging MarketsHSBCState Bank of India SBI
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Jonathan Breen
Equities editor GlobalCapital Asia
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