Economy Carlyle Group set to make bumper profit from SBI Cards IPO Updated : November 28, 2019 05:58 PM IST SBI Cards is 74 percent owned by SBI while Carlyle Group owns the remaining 26 percent, The IPO, which is still awaiting regulatory approval, is poised to be India's biggest this financial year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.