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Board of SBI Cards & Payment Services approves allotment of NCDs aggregating Rs 400 cr

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Capital Market
Last Updated : Jun 29 2020 | 7:31 PM IST

At meeting held on 29 June 2020

The Board of SBI Cards & Payment Services has approved the allotment of 4000 Fixed Rate, Unsecured, Rated , Taxable, Redeemable, Senior, Non convertible Debentures ("NCDs") of the face value of Rs. 10,00,000 each, at par, under Series 20 aggregating to Rs. 400 crore on private placement basis.

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First Published: Jun 29 2020 | 7:05 PM IST

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