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:
sales of 199.10 billion Indian Rupees [US$2.92 billion]
of which 35%
was Corporate/ Wholesale Banking),
Uco Bank Ltd
(201.56 billion Indian Rupees [US$2.95 billion]
of which 40%
was Corporate / Wholesale banking), and
Yes Bank Limited
(162.63 billion Indian Rupees [US$2.38 billion]
of which 67%
was Corporate/Wholesale Banking).
Indian Bank reported sales of 180.35 billion Indian Rupees (US$2.64 billion)
March of 2016.
increase of 4.7%
versus 2015, when the company's sales were 172.27 billion Indian Rupees.
Sales at Indian Bank have increased during each of the previous five years
(and since 2011, sales have increased a total of 71%).
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
47.9% in 2016, from
1.26 billion Indian Rupees to 1.87 billion Indian Rupees.
Indian Bank also saw significant increases in sales in
Treasury Operations (up 15.6% to 45.92 billion Indian Rupees)
Not all segments of Indian Bank experienced an increase in sales in 2016:
sales of Corporate Wholesale Banking fell 0.5% to 71.22 billion Indian Rupees.