Indian Banks to be Among Global Top-10 Lenders in Market Capitalisation by 2030

Indian banks, led by SBI, are expected to be among the top-10 lenders globally by market capitalization by 2030. SBI's market cap has reached $100 billion, and two other Indian private sector lenders have significant valuations. HDFC Bank is the most valuable Indian lender, followed by ICICI Bank. The government is also undertaking efforts to create big banks through consolidation.