HDFC Bank featured among world's 50 most valuable banks in 2014

Jan 19, 2015 17:00 IST

HDFC bank was named among 50 most valuable banks in 2014 with a market capitalisation of 41.58 billion US dollar. It was ranked at 45th position.

The list of 66 largest banks in the world by market capitalisation as on 31 December 2014 was compiled and released in January 2015 by Relbanks. The top ten banks include 4 US banks, 4 Chinese banks, 1 bank of each United Kingdom (UK) and Australia. These top ten banks are


• Wells Fargo & Co. of US with market cap of 284.39 Billion US dollar
• Industrial & Commercial Bank of China (ICBC) of China with market cap of 269.70 Billion US dollar
• JP Morgan Chase & Co. of US with market cap of 233.94 Billion US dollar
• China Construction Bank of China with market cap of 213.18 Billion US dollar
• Bank of America of US with market cap of 188.14 Billion US dollar
• Agricultural Bank of China with market cap of 187.34 Billion US dollar
• HSBC Holdings of UK with market cap of 181.24 Billion US dollar
• Bank of China with market cap of 177.65 Billion US dollar
• Citigroup Inc of US with market cap of 163.93 Billion US dollar
• Commonwealth Bank of Australia with market cap of 112.37 Billion US dollar

Apart from HDFC two other banks of India were listed in the list and they are
• State Bank of India was ranked 51 with market cap of 36.40 Billion US dollar
• ICICI Bank Limited was ranked 55 with market cap of 33.42 Billion US dollar

 

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