Seven of the 12 largest Indian banks that reported a decrease in their market capitalization were state property. | Photo credit: Visveswaran V 10153@chennai
Seven of the 12 largest Indian banks that reported a decrease in their market capitalization in the quarter of January-March of 2025 were state-owned, according to the data and global market intelligence analysis of S&P.
Indian Overseas Bank recorded a fall of 24.7 percent quarterly in the quarter in its market capitalization to ₹ 736.63 billion. The Central Bank of India threw 19.8 percent, showed the Global S&P market intelligence data. HDFC Bank retained its position as the largest Indian bank, increasing its market capitalization by 3.2 percent quarter to quarterly to ₹ 13,989 billion. Market capitalization or market capitalization is the total value of the shares of a company, derived from multiplying the price of shares by the number of shares in circulation.
Kotak Mahindra Bank Ltd recorded the greatest improvement in its market capitalization, winning 21.6 percent to ₹ 4,317 billion. In addition, according to the Global Market Intelligence data of S&P, Icici Bank Ltd. and Axis Bank were among the main five in the classification of market capitalization. Icici Bank market capitalization increased 5.3 percent to ₹ 9,529 billion billion and Axis Bank increased 3.5 percent to ₹ 3,412 billion.
Indusind Bank Ltd registered the greatest decrease in market capitalization in general. The private sector bank recorded a decrease of 32.3 percent quarterly in quarter in its market capitalization to ₹ 506.27 billion. State Bank of India, the largest bank in the country for assets, was the third largest lender for market capitalization, even when its capitalization fell 2.9 percent during the quarter to ₹ 6,660 billion. Three public sector banks – Union Bank of India, Indian Bank and Bank of India Ltd. – Registered profits in their duration of market capitalization The first quarter, showed the global market intelligence data of S&P.
The decrease in the market capitalization of the banks could perhaps be linked to the fall in the reference rates in recent months. Banking stocks have the greatest weight in the key Indian indices.
The Benchmark Sensex is more than 10,000 points below its peak of all time touched in September or last year. Relative forecasts of low growth of GDP, weak corporate profits, exits of foreign funds and, therein, the tariff war has cushioned the feeling of the market participants.
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Posted on April 13, 2025