According to ‘The Banker’s Top 500 Banking Brands 2020’ report, IndusInd Bank has topped the list of ‘Highest increase in brand value’ among global banks. The brand value of Induslnd Bank has increased by 122% over the past 12 months, making it the highest placed for growth in brand value, across the globe. The bank reported total assets of Rs 3.1 lakh crore at the end of Q3 FY20.
As a part of the report, the list “Top 50 By Total Brand Value by Country” has been topped by China, followed by United States (US) at 2nd position while Canada and the United Kingdom (UK) ranked at 3rd and 4th spots. Japan has moved up to the fifth spot. India ranked 8th in this list in comparison to 10th place in 2019. India’s brand value is 26,516 $m in 2020 showing an increase of 13% in comparison to 23,409 $m in 2019.
Important takeaways for all competitive exams:
The Daily Current Affairs Quiz which keeps you updated with the current events happening all…
In Uttar Pradesh, certain areas are recognized by specific regional names that highlight their historical,…
Haryana is a state in northern India known for its rich history and industrial growth.…
The NITI Aayog has recommended adding coking coal to India's critical minerals list, emphasizing its…
UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with…
COP29 marked a significant milestone in global efforts to address climate change within the tourism…