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SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4
Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman Rajnish Kumar.
SBI Card looks to grow at 40 per cent in FY 2019
The company witnessed over 75 per cent year-on-year growth in average monthly card spends in FY18.
SBI may look at mergethe two companies of its credit card JV
The company's joint partner GE Capital announced its plans to exit as part of the American giant's global business revamp.
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Partnership aims to tap into digital payments market which has gained traction in country.
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