Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

By Ankit Doshi

  • 25 Feb 2020
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Credit: Thinkstock

Private equity firm Carlyle Group will likely record its best-ever performance from its India portfolio as it readies to pare a third of its stake in SBI Cards & Payment Services Ltd through an initial public offering (IPO) next week. SBI Cards, the second-largest credit-card issuer in India, is seeking a ......

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