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SBI Cards gets nod to raise Rs 2500 crore through NCDs

06 Jun 2022 Evaluate

SBI Cards and Payment Services has received an approval to raise Rs 2500 crore through issuance of Non-Convertible Debentures (NCDs) in one or more tranches, on private placement basis. The Board of Directors of the Company, at its meeting held on June 06, 2022 has approved the same.

SBI Cards and Payment Services is a payment solutions provider in India.

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