Banking & Financial Awareness
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Q. Which of the following has been ranked India’s Most Valuable Brand in the 2020 BrandZ Top 75 Most Valuable Indian Brands rankings, released by WPP and Kantar?

  • (A). State Bank of India
  • (B). Asian Paints
  • (C). Life Insurance Corporation of India
  • (D). HDFC Bank
Option (D) is Correct

• HDFC Bank has been ranked India’s Most Valuable Brand for the 7th consecutive year in a row in the 2020 BrandZ Top 75 Most Valuable Indian Brands rankings, released by WPP and Kantar.
• The bank is estimated to have a brand value of $20.3 billion, which, however, is a decline of 11% over last year.
• LIC, Tata Consultancy Services, Airtel, Asian Paints, Kotak Mahindra Bank, Jio, Flipkart, Paytm and State Bank of India were among the other brands ranked in the top 10 most valuable brand rankings.
• Of the top 75 ranking, banking and insurance sector commands 31%.The telecom sector even surpassed the insurance space and on a combined basis commands a brand value of $25 billion.

Posted on: Mar 2023