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HDFC Bank’s market-cap crosses Rs 5 trillion mark: Report

18 Jan 2018 Evaluate

HDFC Bank’s market capitalisation (market-cap) has reportedly crossed Rs 5 trillion for the first time ever after the share price of the bank hit a new high on January 18, 2018. The country’s private sector lender becoming the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 703.10
ICICI Bank 1350.55
Axis Bank 1239.10
Kotak Mahindra Bank 440.35
Indusind Bank 874.25
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