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Most valuable brands in India 2019

HDFC Bank Limited was the most valued brand across India in 2019 according to BrandZ. This means it had the highest reputation as a company, and was valued at over 22 billion U.S. dollars that year. Life Insurance Corporation of India (LIC) followed the private financial institution with over 20 billion dollars-worth in brand value.  

HDFC Bank Limited

  The Housing Development Finance Corporation (HDFC), headquartered in the city of Mumbai was one of the largest private sector lenders in the country as of March 2019. In 2018, it was one of the leading regional bank brands worldwide. Set up in 1994, its office was inaugurated by former Prime Minister and then Union Finance Minister Manmohan Singh. With branches across the country and abroad, HDFC was one of the newer banks to be established.

Private sector banks in India

   All major Indian banks were nationalized by the government in 1969. However, with a change in government policy in the 1990s that made way for globalization and increasing foreign investment, the private sector was split by regulators into old and new banks. The very first bank in this sector, founded in 1899, was Nendungadi Bank in Calicut or Kozhikode, Kerala.
Since 2014, as part of the central government’s inclusion program for affordable access and expansion to financial services, private sector banks have accepted over one million recipients as of February 2019, the largest being ICICI Bank with over 436 thousand.

Most valuable brands in India in 2019, by brand value

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Release date

September 2019



Survey time period


Supplementary notes

Figures have been rounded.

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Statistics on "Brand Value"

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