SBI Enters $100-Billion Market-Cap Club (Photo: Vijay Sartape/ NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

State Bank of India reached up to a $100 billion in market capitalisation on Thursday after its second quarter results surpassed expectations, according to reports.

Reliance Industries Ltd. topped the market-cap rankings with a valuation of $228 billion. HDFC Bank has a valuation at $170 billion. Bharti Airtel Ltd., Tata Consultancy Services, and ICICI Bank were the other firms in the $100-billion market cap-club, CNBC TV18 reported.

The development came at a time SBI's total business surpassed Rs 100 trillion. This was made up of advances of Rs 44.2 lakh crore and deposits of Rs 55.9 lakh crore till September. This was credited to strong credit g

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