SBI Cards to consider fund raising on March 12


A meeting of the board of directors of SBI Cards & Payment Services is scheduled to be held on Friday, March 12, 2021, to consider and approve raising of funds by way of issuance of Non-Convertible Debentures (NCDs), aggregating to Rs 2,000 crore in one or more tranches over a period of time, company said in the release.

SBI Cards & Payment Services was quoting at Rs 1,067.05, up Rs 8.60, or 0.81 percent on the BSE.

News Source:- Moneycontrol

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