SBI Cards
General
Deals Digest: PE/VC funding value doubles due to HDFC Credila deal
This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s ......
People
IPO-bound BharatPe taps former SBI Cards exec as chief risk officer
Sequoia-backed BharatPe on Monday announced that it has appointed Aparna Kuppuswamy as its chief risk officer as the ......
Finance
Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn
US private equity (PE) major Carlyle’s arm has decided to offload 5.1% stake in government-backed SBI Cards and Payment...
Markets
Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower
Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to cushion the impact of the...
Finance
Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO
Private equity firm Carlyle Group will likely record its best-ever performance from its India portfolio as it readies to pare...
Finance
Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO
SBI Cards and Payment Services Ltd, the credit-card issuing arm of the country’s top lender SBI, has received a green ......
Finance
Carlyle set to make best-ever India returns from partial exit in SBI Cards
Private equity firm Carlyle Group is all set to record its best-ever performance from its India portfolio by paring its ......
General
Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake
Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services...
Finance
SBI's credit card business aims to raise $1.1 bn via IPO
SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......
Finance
State Bank of India gears up for IPO of PE-backed credit cards unit
State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an initial ......
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