‘HDFC 5th biggest financial services company globally’
HOUSING finance major HDFC has been ranked as the 5th biggest public company globally in the ‘consumer financial services category’ on a list compiled by Forbes magazine. 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 category, HDFC’s rank has moved up from 7th place last year. Other consumer finance services companies that made it to the list include Capital One Financial at the 159th place, followed by Visa (164), Orix (254), PayPal (337), Synchrony Financial (340), Discover Financial (356), and Mastercard (367), among others. In the overall list, topped by China’s banking behemoth ICBC, HDFC took 321st place, up from 404th a year ago.