SBI Extends Gains By Over 4% On Strong March Quarter Results

[ad_1] The bank’s asset quality improved to 6.15 per cent in the fourth quarter of 2019-20. State Bank of India (SBI) shares extended Friday’s gains by another 4 per cent after the country’s largest lender reported a four-fold jump in net profit for the quarter ended March 31 during market hours on Friday. The shares […]

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SBI Cards IPO Allotment To Be Done By 13 March

[ad_1] The much anticipated SBI Cards and Payments Services IPO will undergo allotment of shares to successful applicants in their demat accounts by March 13, according to the prospect filed by the company. For investors who are not allotted shares, the refund process will be initiated on March 12. The IPO, for which bids were received between Marc […]

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SBI Cards IPO Worth Rs 10,350 Crore Subscribed Over 22 Times

[ad_1] SBI Cards IPO got subscribed more than 22 times SBI Cards and Payment Services’ initial public offer (IPO) got oversubscribed 22.45 times on Thursday, the last day of the bidding process, NSE data showed. The credit card arm of the country’s top public lender, State Bank of India, drew bids for over 225 crore […]

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SBI Cards IPO Subscribed 87% On Second Day Of Issue

[ad_1] SBI Cards and Payment Services’ initial public offer (IPO) has so far been subscribed 87.29 per cent on Tuesday, the second day of the subscription, NSE data showed. The credit card arm of the country’s largest lender State Bank of India (SBI) aims to raise around Rs 10,350 crore through the IPO, including new shares worth Rs […]

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