SBI Cards & Payments Services is planning to raise funds by way of issuance of Non-Convertible Debentures (NCDs) aggregating to Rs 1,500 crore in one or more tranches over a period of time. The meeting of the Board of Directors of the Company is scheduled to be held July 20, 2020, to consider and approve the same.
SBI Cards & Payments Services is a payment solutions provider in India.