SBI Cards IPO is expected to be priced in the range of Rs 745-775 per share

 SBI Cards and Payment Services, the credit card unit of the country’s largest lender State Bank of India, will launch its initial public offering on March 2, aiming to raise about Rs 9,000 crore. Sources told CNBC-TV18 that the SBI Cards IPO is expected to be priced in the range of Rs 745-775 per share giving the company a market cap of around Rs 69,500-72,000 crore.

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