Top 5 Indian banking stocks by market capitalisation
HDFC Bank is the country's most valuable bank with a market capitalisation of Rs 11 lakh crore. The bank was last year merged with country largest private mortgage lender HDFC
Source: HDFC Bank
ICICI Bank, the country's second largest private sector lender, with market cap of Rs 7.36 lakh crore is second on the list. The bank reported net profit of Rs 10,272 crore in December quarter
Source: ICICI Bank
SBI, the country's largest lender, is ranked third among the top five banks with a market cap of Rs 6.78 lakh crore. SBI's net profit was hit by one time wage and pension provision of Rs 7,100 crore
Source: SBI
Kotak Mahindra Bank with market cap of Rs 3.50 lakh crore is placed fourth. The bank reported net profit of Rs 3,005 crore
Source: Kotak Mahindra Bank
Axis Bank is ranked fifth among the top 5 banking shares. The bank's asset quality improved in the December quarter as its gross non-performing assets came in at 1.58 per cent