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