Punjab National Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Punjab National Bank Ltd with three other
companies in this sector in India:
Axis Bank Limited
sales of 584.93 billion Indian Rupees [US$8.34 billion]
of which 40%
was Retail Banking),
(487.48 billion Indian Rupees [US$6.95 billion]
of which 36%
was Retail Banking Operations), and
Bank of Baroda Ltd
(539.59 billion Indian Rupees [US$7.69 billion]
of which 36%
was Corporate/Wholesale Banking).
Punjab National Bank Ltd reported sales of 576.06 billion Indian Rupees (US$8.21 billion)
March of 2018.
a very small
increase of 0.7%
versus 2017, when the company's sales were 572.20 billion Indian Rupees.
Despite this increase, sales are still
below the level achieved in 2016, when Punjab National Bank Ltd
reported sales of 577.78 billion Indian Rupees.
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
36.7% in 2018, from
11.09 billion Indian Rupees to 15.16 billion Indian Rupees.
Punjab National Bank Ltd also saw significant increases in sales in
Treasury (up 11.6% to 195.28 billion Indian Rupees)
Retail Banking (up 25.7% to 190.93 billion Indian Rupees)
Not all segments of Punjab National Bank Ltd experienced an increase in sales in 2018:
sales of Corporate/wholesale Banking fell 25.4% to 174.71 billion Indian Rupees.