New Delhi, April 16 -- State Bank of India and HDFC Bank are the only Indian banks that have found its place on the latest S&P Global Market Intelligence ranking of the world's 100 largest banks by assets.

State Bank of India climbed four places to 43rd place, according to S&P Global Market Intelligence data. HDFC Bank climbed one place to 73rd place.

Chinese lenders dominated the latest S&P Global Market Intelligence ranking of the world's 100 largest banks by assets, with M&A a key factor in the list. Overall, 38 banks rose in the ranking, while 37 fell and 25 were in unchanged positions. Four made the latest list after not being in the top 100 in 2024.

Industrial and Commercial Bank of China Ltd., Agricultural Bank of China Ltd., Ch...