India’s second largest private sector bank HDFC Bank topped the list of the country’s top 50 brands according to a report released by marketing and advertising conglomerate WPP Plc and Kantar Millward Brown. The bank has retained the top slot for the fourth year in a row. Banks and telcos dominate the listing, WPP’s BrandZ Top 50.
Airtel is at 2nd spot and State Bank of India is at 3rd. According to the report, consumption of packaged consumer goods fell 4.2% and 2.4% year on year in November and December 2016 respectively, but recovered 0.6% in March this year and 3.9% in April.
Important Takeaways from Above News-
- Aditya Puri is the CEO of HDFC Bank.
- It headquarters in Mumbai, Maharashtra.
Source- Business Standard