SBI Card raises Rs 455 crore through NCDs

SBI Cards and Payment Services (SBI Card) has raised Rs 455 crore through Fixed Rate, Unsecured, Rated, Taxable , Redeemable, Senior, Non-Convertible Debentures (NCDs) and allotted 4 ,550 NCDs having face value of Rs 1,000,000 each, at par on private placement basis.

SBI Cards and Payment Services is a payment solutions provider in India.