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SBI Cards IPO: 10 vital things about India’s credit card market that the draft prospectus reveals
November 29, 2019 | By Cnbctv18.com
business
India’s credit card markets still remains largely under penetrated with the average number of credit cards outstanding per 100 persons in India at 2.2 as compared to 320.0 in the United States in 2017.Get latest Business online at cnbctv18.com
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State Bank of India (SBI), the country's largest public sector lender, has filed a draft prospectus with market regulator Security and Exchange Board of India (Sebi) to sell up to 4 percent stake in its credit card offshoot, SBI Cards and Payments Services (S
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