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A Deeper Look at SBI Card IPO and the Credit Card Business

Credit-card-SBI-IPO.jpg

SBI Cards and Payment services (SBICPS), subsidiary of SBI filed its DRHP with SEBI for its upcoming IPO. The DRHP is voluminous and runs to about 500 pages. We dissect the issue and business of SBI Cards in this post.

The Issue

The equity share capital of the company as on the date of filing the DRHP is 93.23 Cr shares of Rs 10 . . .

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