HDFC to be Included in Top 100 Brands across the Globe


Published Date : Jun 01, 2015

Private area bank HDFC Bank is the main Indian unit to find a spot among the main 100 most significant brands universally, alongside Apple, Google, Microsoft, IBM and Facebook, as per a positioning by Millward Brown. HDFC Bank is positioned at 74th position in the BrandZ rundown ordered by Millward Brown, a worldwide exploration office, in relationship with WPP. 

According to the report, the bank is the India's most important brand with an estimation of US$14 billion. Apple finish the outline with a brand estimation of US$246.9 billion, trailed by Google (US$173.6 billion) and Microsoft (US$115.5 billion). At the fourth position is IBM with brand estimation of US$93.9 billion while Visa is at fifth position with estimation of US$91.9 billion. 

Among the saving money division, Wells Fargo is at the top at the 16th position having a brand estimation of US$59.3 billion took after by ICBC brand at 22nd position esteemed at US$38.8 billion. Among others are HSBC with US$24 billion at 35th position, RBC Royal Bank with US$23.9 billion at 36th position, and China Construction Bank with US$22 billion). 

In another news, HDFC Bank has chosen to stop issuing paper-slips at ATMs after money withdrawals and will caution the client through SMSes. The bank is guiding the activity at a couple of ATMs at present and will reveal the same over its system of more than 11,700 ATMs before the end of June, the authority included. At present, clients are given a decision on whether they need a printed receipt or not.