The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past