SBI Cards and Payments Services plunges on Tuesday after bulk deals
Tue, Apr 5, 2022 9:38 AM

SBI Cards and Payments Services plunges on Tuesday after bulk deals

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SBI Cards and Payments Services confirmed block deals on Tuesday with around 29.4 million shares or 3 per cent stake in the company changing hands in two bunched trades. In the mentioned deals, private equity firm Carlyle Group decided to offload its entire stake in SBI Cards and Payments Services Ltd for as much as Rs 2558 crore. Buyers' details are not available until now.

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