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HDFC Bank is now ten times bigger than the crisis-struck Credit Suisse

Along with HDFC Bank, several Indian banks have a higher m-cap than the crisis-struck Swiss bank, including ICICI Bank, SBI, Kotak Mahindra Bank, Axis Bank and IndusInd Bank

Photo: Bloomberg
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Photo: Bloomberg

BS Web Team New Delhi
India's largest private sector bank, HDFC Bank's market cap (m-cap), is now ten times the market cap of Switzerland's Credit Suisse. As of October 3, HDFC's m-cap stands at $99.31 billion, according to data from BSE India. Credit Suisse's m-cap was $10 billion.

Along with HDFC Bank, several Indian banks have a higher m-cap than the crisis-struck Swiss bank. ICICI Bank, the second largest bank in India, has an m-cap of $74.32 billion, according to BSE's website. It is nearly eight times that of Credit Suisse.

The State Bank of India (SBI) has an m-cap of $58.41 billion, followed by

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