SBI Cards IPO Should You Subscribe or Avoid
About SBI Cards LTD- The most awaited IPO of SBI Cards and Payment Services Limited (SBI Cards) is the latest IPO hitting Dalal Street on Monday (March 02, 2020). This video will provide you a complete overview of this company and recommendation by our Research Analyst Mr. Dhawal.G.Dhanani. Corporate Profile-SBI Cards and Payments Services is in the business of issuing credit cards to consumers in India. The company is promoted by one of the oldest PSU Bank of India, the State Bank of India (SBI). The company primarily generates revenue from interest charged on credit card receivables and fee income derived from interchange fees, late fees, annual card fees, and service charges. SBI Cards has a broad credit card portfolio which includes SBI Card-branded credit cards along with co-branded credit cards that bear both the SBI Card brand and their co-brand partners" brands.