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    Question

    Following a reverse merger deal and the listing of new

    shares issued to shareholders of HDFC Ltd, which position has HDFC Bank secured among the global top 10 banks in terms of market capitalization?
    A 3rd position Correct Answer Incorrect Answer
    B 5th position Correct Answer Incorrect Answer
    C 7th position Correct Answer Incorrect Answer
    D 9th position Correct Answer Incorrect Answer
    E 10th position Correct Answer Incorrect Answer

    Solution

    After a reverse merger deal and the listing of new shares issued to shareholders of HDFC Ltd, HDFC Bank has achieved the 7th position among the global top 10 banks in terms of market capitalization. This milestone marks India's largest private sector lender as one of the top financial institutions in the world by market value.

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