HDFC Bank ranked No 1 for 7th consecutive year

| SEPTEMBER 24, 2020, 01:49 AM IST

PANAJI: 

HDFC Bank has been ranked India’s most valuable brand for the 7th consecutive year. Known as the ‘2020 BrandZ Top 75 Most Valuable Indian Brands,’ the survey values HDFC Bank brand at $20.3 billion. This year, the study covered 1,140 Indian brands across 89 categories with insights from 3.8 million consumers.

“HDFC Bank has been consistent in its financial performance and customer experience, the bank also ranked no 59 in the 2020 BrandZ Top 100 Most Valuable Global Brands report,” wrote BrandZ.

This ranking is the result of a survey conducted by Kantar Millward Brown, a group company of global communication services behemoth, WPP.“Brands globally are being tested by the pandemic, especially in

countries such as India where the economy was slowing down prior to Covid,” said David Roth, CEO of The Store WPP, EMEA and Asia and Chairman of BrandZ.

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