HDFC Bank most valuable bank in the emerging market outside China

There are four lenders from India that now rank among the world’s 500 most valuable companies. HDFC Bank is followed by its housing finance cousin Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and State Bank of India.  There are now 11 Indian companies among the world’s 500 biggest firms in terms of market cap. Tata Consultancy Services (TCS) tops the chart with a market cap of $103 billion, followed by Reliance Industries.  HDFC Bank has gone past Russia’s Sberbank to become the most valuable bank in the emerging market outside China. HDFC Bank’s current market capitalization is $78.4 billion against Sberbank’s $74.4 billion.  Industrial & Commercial Bank of China topping the list with a market cap of $273.4 billion, followed by China Construction Bank ($225.1 billion).

  • HDFC Bank most valuable bank in the emerging market outside China.
  • HDFC Bank is followed by its housing finance cousin Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and State Bank of India.
  • There are now 11 Indian companies among the world’s 500 biggest firms in terms of market cap.
  • HDFC Bank has gone past Russia’s Sberbank to become the most valuable bank in the emerging market outside China.
  • Industrial & Commercial Bank of China topping the list with a market cap of $273.4 billion, followed by China Construction Bank ($225.1 billion).download our android app