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

Published on 30/03/2026 10:27 PM

HDFC Bank falls from world’s most expensive lender to deep discount playHDFC Bank shares hit two year low after losing over 25% in 2026, valuation premium over ICICI and Kotak erodes, JPMorgan upgrades stock to OverweightBy 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.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers