Bank of India operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of India with three other
companies in this sector in India:
sales of 491.71 billion Indian Rupees [US$7.21 billion]
of which 41%
was Wholesale Banking Operations),
Bank of Baroda
(517.89 billion Indian Rupees [US$7.60 billion]
of which 43%
was Wholesale Banking), and
Axis Bank Limited
(513.58 billion Indian Rupees [US$7.53 billion]
of which 37%
was Corporate Banking).
Bank of India reported sales of 457.64 billion Indian Rupees (US$6.71 billion)
March of 2016.
decrease of 4.6%
versus 2015, when the company's sales were 479.63 billion Indian Rupees.
Contributing to the drop in overall sales was the 8.6% decline
in Wholesale Banking Operations, from 219.35 billion Indian Rupees to 200.59 billion Indian Rupees.
There were also decreases in sales in
Treasury (down 6.6% to 120.66 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Retail Banking Operations (up 11.4% to 145.41 billion Indian Rupees)