New Delhi, April 13 -- Seven of the 12 biggest Indian banks that reported a decline in their market cap in the January-March 2025 quarter were state-owned, according to S&P Global Market Intelligence data and analysis.

Indian Overseas Bank posted a 24.7 per cent quarter-over-quarter fall in its market cap to Rs 736.63 billion.

Central Bank of India shed 19.8 per cent, S&P Global Market Intelligence data showed.

HDFC Bank retained its position as the biggest Indian bank, growing its market cap by 3.2 per cent quarter-over-quarter to Rs 13.989 trillion.

Market capitalisation or market cap is the total value of a company's stock, derived at by multiplying the stock price by the number of its outstanding shares.

Kotak Mahindra Bank Ltd p...