HDFC Bank crosses $100 billion in market capital

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Mumbai: HDFC Bank Ltd crossed the $100 billion market capitalisation, becoming only the third firm in the country to achieve this milestone.

As per reports, HDFC Bank now ranks 110th in the world’s most valued companies.

Among the most valued banks and financial companies around the world which has a market cap of over $100 billion, HDFC Bank ranks 26th.

Investors continued to buy the stock in the hope that the lender would report consistent earnings performance, steady 20% profit growth, stable asset quality and healthy advances growth.

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