SBI Card Raises ₹ 500 crore Through Bonds, Stock Edges Higher

SBI Cards and Payment Services has raised ₹ 500 crore through the issue of bonds on a private placement basis. “The board of directors has approved the allotment of 5,000 fixed rate, unsecured, rated, taxable, redeemable and senior non-convertible debentures aggregating to ₹ 500 crore…