Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 2016)
2016.
This bank surpassed TCS to become the country's second most valued firm on BSE in terms of market valuation.
Answer: Option
Explanation:
HDFC Bank surpassed Tata Consultancy Services (TCS) to become the country's second most valued firm on BSE in terms of market valuation to a 53 per cent jump in the shares of former this year on quarter-after-quarter strong results. HDFC Bank has a pre-eminent presence in the retail banking segment (50 per cent of loan book) and has been able to maintain strong and consistent loan book growth, gradually gaining market share.
Discussion:
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