Carlyle Sells 5.1% Stake in India’s SBI Cards for ~USD650m

Source(s): DealStreetAsia

The Carlyle Group sold a 5.1% stake in India-based credit card issuing company SBI Cards & Payment Services for ~INR48.1b (~USD650m) in a bulk deal. In March 2021, Carlyle sold an additional 4% stake for ~INR39b (~USD540m). Read more