Detailed Solution:
The correct answer is “Both 1 and 2”.
After several years at the top as India's most valuable brand, HDFC Bank has ceded the numero uno position to TCS.
In Kantar Brandz India's 2022 Rankings, the homegrown IT giant came out tops with a brand value of $45.52 billion.
TCS' brand value rose 212 per cent between 2020 and 2022.