SBI Cards IPO Subscribed 39% On First Day Of Bidding
A motorist travels past a State Bank of India Ltd. (SBI) branch at night in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)

SBI Cards IPO Subscribed 39% On First Day Of Bidding

India’s first billion-dollar initial public offering in at least two years is off to a steady start.The IPO of SBI Cards and Payments Ltd. was subscribed 39 percent as of 5:00 p.m. on Monday, the f...
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