SBI Cards Shares Fall 12.5% Over IPO Price On Stock Market Debut
Logos of Mastercard and Visa sit on credit cards in this arranged photograph. (Photographer: Andrey Rudakov/Bloomberg)

SBI Cards Shares Fall 12.5% Over IPO Price On Stock Market Debut

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SBI Cards and Payments Services Ltd., a unit of India’s largest lender, began trading at a discount of 12.5 percent at Rs 661 a share on the National Stock Exchange. Thereafter, the stock saw a hig...