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:
Bank of Baroda Ltd
sales of 523.32 billion Indian Rupees [US$8.14 billion]
of which 37%
was Wholesale Banking),
(493.08 billion Indian Rupees [US$7.67 billion]
of which 36%
was Wholesale Banking Operations), and
Union Bank of India
(382.21 billion Indian Rupees [US$5.95 billion]
of which 38%
was Corporate Banking).
Bank of India reported sales of 464.05 billion Indian Rupees (US$7.22 billion)
March of 2017.
a very small
increase of 1.4%
versus 2016, when the company's sales were 457.64 billion Indian Rupees.
Despite this increase, sales are still
below the level achieved in 2015, when Bank of India
reported sales of 479.63 billion Indian Rupees.
Sales of Treasury Operation saw an increase
that was more than double the company's growth rate: sales were up
29.0% in 2017, from
120.66 billion Indian Rupees to 155.59 billion Indian Rupees.
Not all segments of Bank of India experienced an increase in sales in 2017:
sales of Wholesale Banking Operations fell 17.3% to 165.85 billion Indian Rupees.
Bank of India also experienced decreases in sales in
Retail Banking Operations (down 4.1% to 139.45 billion Indian Rupees)