HDFC Bank becomes first Indian bank to cross Rs 5 trillion market cap

The country's private sector lender becomes the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone

HDFC Bank saw its market capitalisation (market-cap) crossing Rs 5-trillion after the share price of the bank hit a new high on Thursday. The country’s private sector lender becoming the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone.

At 10:27 AM; HDFC Bank was rading 3% higher at Rs 1,949, have a market-cap of Rs 5.04 trillion, the BSE data shows. RIL was at number one rank with a market-cap of Rs 5.84 trillion, followed by TCS, which have market-cap of Rs 5.5 trillion.

In past four trading sessions, HDFC Bank