Indian Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indian Bank with three other
companies in this sector in India:
Indusind Bank Ltd
sales of 185.74 billion Indian Rupees [US$2.89 billion]
of which 52%
was Retail Banking),
Uco Bank Ltd
(184.40 billion Indian Rupees [US$2.87 billion]
(205.68 billion Indian Rupees [US$3.20 billion]
of which 33%
was Retail Banking).
Indian Bank reported sales of 182.63 billion Indian Rupees (US$2.84 billion)
March of 2017.
a very small
increase of 1.3%
versus 2016, when the company's sales were 180.35 billion Indian Rupees.
Sales at Indian Bank have increased during each of the previous five years
(and since 2012, sales have increased a total of 36%).
Sales of Treasury Operations saw an increase
that was more than double the company's growth rate: sales were up
21.1% in 2017, from
45.92 billion Indian Rupees to 55.62 billion Indian Rupees.
Not all segments of Indian Bank experienced an increase in sales in 2017:
sales of Other Banking Operations fell 26.6% to 1.37 billion Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Indian Bank also experienced decreases in sales in
Corporate Wholesale Banking (down 6.2% to 66.79 billion Indian Rupees)
Retail Banking (down 4.1% to 58.83 billion Indian Rupees)