State Bank of India owns 74 percent stake in the company and the rest 26 percent is held by CA Rover Holdings, an affiliate of the Carlyle Group.

is set to open for subscription.

The long-awaited initial public offering of SBI Cards and Payment Services, a subsidiary of the country's largest lender

It will open on March 2 for four days, and will close on March 5.

It will open on March 2 for four days, and will close on March 5.

This will be the largest IPO after General Insurance Corporation of India which came out with the initial offering in October 2017.

The anchor book, a part of qualified institutional buyer (QIB) portion, will open for a day on Friday, February 28.