Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1079)

2019-12-21 Economy

1079.

Which bank became the third company in India to achieve $100 billion market capitalization?

RBI

ICICI

HDFC

BoB

Answer: Option

Explanation:

HDFC Bank Ltd has crossed the $100 billion market capitalization (M-Cap) in intraday trading, thus becoming only the third company in India to achieve this milestone. However, it closed below $100 billion mark at $99.5 billion. HDFC is one of India's largest private-sector lenders.