ICICI Bank becomes 18th largest Bank in the World

According to recent reports, ICICI Bank has surpassed UBS to become the 18th largest bank globally in terms of market capitalization on June 25. ICICI Bank currently has a market capitalization of $98.9 billion, while UBS Bank is in the 19th position with a market capitalization of $98.12 billion.

JP Morgan Chase is currently the largest bank in the world in terms of market capitalization, with a value of $571.11 billion. It is followed by Bank of America, which has a market capitalization of $312.97 billion. ICBC holds the third position with a market capitalization of $258.54 billion.