SBI TO LAUNCH ITS SBI CARDS IPO

Highlights:

• State Bank of India is planning to launch SBI Cards IPO in February 2020.
• It will raise Rs. 9,000 crores.
• The key risk to the SBI group card will include regulatory risk on MDR/interchange fees, Higher capital requirement, and increased asset-quality risk.

The biggest public issue of the financial year 2019-20 is the upcoming SBI Cards and Payment Services I....