‘HDFC 5th big­gest fi­nan­cial ser­vices com­pany glob­ally’

The Hitavada - - BUSINESS -

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.

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