India's private-sector banks, led by Axis Bank, see market cap growth; HDFC Bank's up 16.5%.
India's private sector banks have seen significant market cap growth, with Axis Bank leading with a 20.9% rise to 3.911 trillion rupees, according to S&P Global Market Intelligence. Private banks show stronger metrics than their public sector counterparts. HDFC Bank's market cap climbed 16.5% to 12.811 trillion rupees, while other banks in the top 20 also experienced growth, except for IndusInd Bank.
July 08, 2024
3 Articles