SBI Cards IPO has received positive ratings from majority of market analysts. State-owned banking major SBI's cards division has witnessed positive growth in the last few years.
Indian markets traded range-bound on Tuesday after major fall on Monday. The markets could continue in the range and higher levels could see selling pressure.
Indian markets remained in the red for most of the day on Monday. Markets don’t have any major trigger but Indian indices are trading near their all-time high.
SBI Home Loans introduced a new concept in residential real estate lending by offering refund of principal amount to home buyers in case a developer doesn't complete the project.