Private banks' mcap fell in Jul-Sep: S&P
Rediff·2025-10-07 06:49
Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence.Illustration: Uttam GhoshAccording to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank’s dropped 6.7 per cent.Other private sector lenders, such as Kotak Mahindra Bank and Axis Bank, also posted declines in mcap in the third quarter compared ...