HDFC Bank Becomes Third Indian Company to cross $100 billion Market Cap

HDFC Bank Becomes Third Indian Company to cross $100 billion Market Cap

• As per the Bloomberg data, HDFC Bank Ltd has crossed the $100 billion market capitalisation on December 19, 2019 to become the only third firm in the country to achieve this milestone.
• Reliance Industries Ltd (market cap of $140.74 billion), and Tata Consultancy Services (market cap of $114.60 billion) are the only top companies in the country in the list.
• Globally, HDFC Bank now ranks 110th as most valued companies in the worlds which have market cap of over $100 billion.
• In terms of most valued banks and financial companies around the world with market cap of over $100 billion, HDFC Bank ranks 26th.