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With the listing of new shares of HDFC Bank issued to shareholders of parent entity HDFC Ltd following a $40 billion reverse merger deal, India's largest private sector lender has joined the list of global top 10 banks with $100 billion market capitalisation. HDFC Bank is behind JPMorgan ($438 billion), Bank of America (232 bn), China's ICBC ($224 bn), Agricultural Bank of China ($171 bn), Wells Fargo ($163 bn) and HSBC ($160 bn). As the merged entity, HDFC Bank has more m-cap muscle than global investment firms Morgan Stanley ($143 bn) and Goldman Sachs ($108 bn). In terms of market value on BSE, HDFC Bank remains the third-largest Indian company behind only Reliance Industries (Rs 18.6 lakh crore) and TCS (Rs 12.9 lakh crore). ICICI Bank is at the fourth spot in India and 19th slot in the list of world's top lenders with a market cap of $82 billion or Rs 6.68 lakh crore.
Who among the following assesses is NOT liable to pay advance tax?
A company wants to list on the Bombay stock exchange. Which of the following processes will result in this?
For which of the following, Specific Act is applicable for preparation and presentation of financial statement?
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
Which license option has to be selected in case of shifting tally license from one computer to another?
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between :
In the case of Maruti-Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in the course of time. T...
Which of the following is NOT a common profitability ratio?
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?