India's Top 10 Most Valued Firms

6.HDFC Bank

HDFC Bank Limited is an Indian financial services company that was incorporated in August 1994. HDFC Bank is the fifth or sixth largest bank in India by assets and the second largest bank by market capitalization as of February 24, 2012 with m-cap of 1,40,568 crore. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. HDFC Bank has 1,986 branches and over 5,471 ATMs, in 996 cities in India, and all branches of the bank are linked on an online real-time basis. As of 30 September 2008 the bank had total assets of 1006.82 billion. For the fiscal year 2010-11, the bank has reported net profit of 3,926.30 crore ($710.66 million), up 33.1 percent from the previous fiscal. Total annual earnings of the bank increased by 20.37 percent reaching at 24,263.4 crore ($4.39 billion) in 2010-11. HDFC Bank is one of the Big Four banks of India, along with: State Bank of India, ICICI Bank and Punjab National Bank.