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In December 2020, SBI Cards and Payment Services Ltd (SBI Card) has raised how many rupees (in crores) by issuing bonds on a private placement basis?
250
350
450
550
650
The correct option is 3: Rs. 450 crore. SBI Cards and Payment Services Ltd (SBI Card) has raised ?450 crores by issuing bonds on a private placement basis. The tenure of the debt instruments is five years with the date of maturity as of December 22, 2025. • The bonds bear a coupon rate of 6 percent per annum. • The bonds will be listed on the Wholesale Debt Market Segment of BSE.
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