India's SBI Cards opens $1.4bn IPO with strong anchor backing

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India's SBI Cards opens $1.4bn IPO with strong anchor backing

Jonathan Breen
March 02, 2020 08:00 am
payment card 230x150
Woman pay by credit card in shop | Rostislav Sedlacek/Rostislav Sedlacek - Fotolia

SBI Cards and Payments Services has kicked off its up to Rp103.4bn ($1.4bn) IPO, with over one quarter of the deal subscribed by anchor investors.

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Topics

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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