RBI says no to CANARA BANK credit card dream
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https://www.desidime.com/comments/permalink/10322581
guess this is the reason 
ahhh we lost another good prospective IPO xD
lets wait and see next year
https://www.desidime.com/comments/permalink/10323226
Subsidiary doesn't mean they will go for IPO. "The separate subsidiary was envisaged to put special focus on credit card business and to leverage the bank's existing customer base of over 11 crore."
BOBCARDS is there since 1994 without any IPO.
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