Union Bank of India operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Union Bank of India with three other
companies in this sector in India:
Bank of India
sales of 464.05 billion Indian Rupees [US$7.21 billion]
of which 36%
was Wholesale Banking Operations),
IDBI Bank Ltd
(319.73 billion Indian Rupees [US$4.97 billion]
Kotak Mahindra Bank Limited
(339.70 billion Indian Rupees [US$5.28 billion]
of which 30%
was Retail Banking).
During the year ended March of 2017, sales at
Union Bank of India were 382.21 billion Indian Rupees (US$5.94 billion).
increase of 5.4%
versus 2016, when the company's sales were 362.52 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Union Bank of India
(and since 2012, sales have increased a total of 63%).
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
48.3% in 2017, from
4.20 billion Indian Rupees to 6.22 billion Indian Rupees.
Union Bank of India also saw significant increases in sales in
Treasury Operations (up 22.9% to 125.09 billion Indian Rupees)
Other Banking Operations (up 26.3% to 3.34 billion Indian Rupees)
Not all segments of Union Bank of India experienced an increase in sales in 2017:
sales of Corporate Banking fell 4.3% to 145.87 billion Indian Rupees.