HDFC Bank led market capitalization gains among major Indian banks in Q4 ...Middle East

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HDFC Bank led market capitalization gains among major Indian banks in Q4
New Delhi: HDFC Bank led market capitalization gains among major Indian banks in the quarter ended December 31, 2023, according to S&P Global Market Intelligence data. HDFC Bank’s market cap increased 12.1 per cent to $155.91 billion, cementing its position as India’s largest bank, following its merger with parent Housing Development Finance Corp. Ltd. in July 2023. Other large Indian banks also saw higher market caps. State Bank of India, the nation’s top bank by assets, rose 7.3 per cent to $68.84 billion, while ICICI Bank Ltd. gained 4.9 per cent to $83.98 billion. Indian banks racked up gains in their market capitalization for the quarter ended December 31, 2023, while Japanese megabank

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