HDFC Bank falls from world’s most expensive lender to deep discount play

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HomeMarket NewsHDFC Bank falls from world’s most expensive lender to deep discount play

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HDFC Bank shares hit two year low after losing over 25% in 2026, valuation premium over ICICI and Kotak erodes, JPMorgan upgrades stock to Overweight

By Yoosef K   March 30, 2026, 10:27:43 PM IST (Published)

HDFC Bank, once ranked as the most expensive among lenders across the globe with at least $50 billion in market value, has seen sharpest erosion in its valuation after the largest private lender losing more than quarter of its value since beginning of the year.

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