SBI Cards
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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 education lending arm ......
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 fintech unicorn ......
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 Services ......
Markets
Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower
Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued ......
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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