'HDFC 5th largest consumer financial services company globally'

NEW YORK: Housing finance major HDFC has been ranked as the fifth biggest public company globally in the 'client financial services and products category' on an inventory compiled via Forbes mag.

American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list.

In the consumer financial services and products category, HDFC's rank has moved up from 7th place last year.

Other client finance services and products corporations that made it to the list include Capital One Financial at the 159 place, followed via Visa (164), Orix (254), PayPal (337), Synchrony Financial (340), Discover Financial Services (356), and Mastercard (367), among others.

In the whole list, topped via China's banking behemoth ICBC, HDFC took 321st place, up from 404th a year in the past.

There are a total of 58 Indian corporations on the general list of 2,000 corporations from across the world.

These include Reliance Industries at 83rd place, the only from India in the top-100. Besides, HDFC Bank is at 202nd, ONGC at 266th, Indian Oil at 270th and ICICI Bank at 320th.

Some of the opposite Indian corporations in the general list include Tata Motors at 385th position, Tata Consultancy Services (404), Larsen & Toubro (471) and State Bank of India (489).

The 16th annual Forbes Global 2000 list comprises publicly-traded corporations from 60 international locations.

Collectively, the firms on this list account for USD 39.1 trillion in gross sales, USD three.2 trillion in benefit, USD 189 trillion in property and USD 56.eight trillion in market worth.

Forbes compiled the Global 2000 list the usage of information from FactSet Research methods to display for the biggest public corporations in four metric: gross sales, profits, property and market worth.

The market worth calculation is as of May 11, 2018, ultimate prices and comprises all common shares exceptional.
'HDFC 5th largest consumer financial services company globally' 'HDFC 5th largest consumer financial services company globally' Reviewed by kailash soni on June 14, 2018 Rating: 5
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