ICICI Bank Nears HDFC Bank as India's Most Valued Bank, Market Cap Gap Shrinks to ₹49,167 Crore

ICICI Bank is closing in on HDFC Bank as India’s most valued lender, with the market cap gap shrinking to ₹49,167 crore on Monday. HDFC Bank shares fell 1.57% after its CEO opted out of another term, while ICICI Bank gained 2.19%, putting it within striking distance of its rival.