SBI Cards and Payment Services has raised Rs 750 crore through allotment of 750 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Subordinate Tier II, Listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,00,000 each, at par, under Series 35, on private placement basis. The maturity will be on February 28, 2034.
SBI Cards and Payment Services is a payment solutions provider in India.