HDFC Bank crosses $100 billion market capitalisation

HDFC Bank has become the 3rd Indian firm to cross $100 billion mark in market capitalisation. HDFC Bank has joined the league of Reliance Industries Ltd, which has a market cap of $140.74 billion, and Tata Consultancy Services (TCS) that has a market cap of $114.60 billion.

With this achievement, HDFC Bank is now ranked 110th in the list of world’s most valued companies. Among the world’s most valued banks and financial companies which have a market cap of over $100 billion, HDFC Bank is ranked at 26th position.

Important takeaways for all competitive exams:

  • Managing Director of HDFC Bank: Aditya Puri; Headquarters: Mumbai, Maharashtra.

Source: The Live Mint

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