Private sector lender HDFC Bank is the only Indian entity to find a place among the top 100 most valuable brands globally, along with Apple, Google, Microsoft, IBM and Facebook.
HDFC Bank is ranked at 74th position in the BrandZ list compiled by Millward Brown, a global research agency, in association with WPP.
As per the report, the bank is the India’s most valuable brand with a value of $ 14 billion.
Apple tops the chart with a brand value of $ 246.9 billion, followed by Google with $ 173.6 billion and Microsoft with $ 115.5 billion.
At the fourth position is IBM with brand value of $ 93.9 billion while Visa is at fifth position with value of $ 91.9 billion.
Among the banking sector, Wells Fargo is at the top at the 16th position having a brand value of $ 59.3 billion followed by ICBC brand at 22nd position valued at $ 38.8 billion.
Among others are HSBC at 35th position with $ 24 billion, RBC Royal Bank at 36th position valued at $ 23.9 billion and China Construction Bank valued at $ 22 billion.
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