Fresh off its IPO, India’s SBI Cards slips in debut as markets tumble

Fresh off its IPO, India’s SBI Cards slips in debut as markets tumble

Photo: Reuters

SBI Cards & Payment Services Ltd. declined in its stock market debut as investor uncertainty stemming from the coronavirus pandemic cast a shadow over the listing of India’s first pure-play credit card issuer.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter