Markets News

HDFC Bank in race to join 10 Lakh Crore Club Market Cap

On October 26th a journey of 25 beautiful years Aditya Puri retired as MD & CEO of the HDFC bank.

HDFC is always been favorite for everybody including the investors as well.

The bank has a very strong foundation and people trust the bank very much.

The new person who is appointed in the place of Aditiya puri is Sashidhar Jagdishan.

There is a very good structure built by Aditya as during the time of covid there was a good profit.

This clearly shows that this bank is on its top.

On October 27th Experts feel Sashidhar Jagdishan, who took over as the MD & CEO of the bank can take the HDFC bank in the Rs 10-lakh-crore club, in terms of market capitalization.

The two companies which are part of Rs 10-lakh-crore club are without a doubt reliance industries and Indias largest IT company which is TCS.

Jaikishan Parmar, Senior Equity Research Analyst said the whole team and their efforts will be successful if something like this happens.

HDFC bank is one of the favorites in terms of mutual funds schemes.

The bank has a strong liability franchise, very good presence in digital marketing, etc.


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