Corporation Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Corporation Bank with three other
companies in this sector in India:
Indian Overseas Bank
sales of 231.06 billion Indian Rupees [US$3.62 billion]
of which 41%
was Corporate/Wholesale Banking),
Oriental Bank Of Commerce
(211.88 billion Indian Rupees [US$3.32 billion]
of which 56%
was Corporate/Wholesale Banking), and
(213.04 billion Indian Rupees [US$3.34 billion]
of which 32%
was Corporate/ Wholesale Banking).
During the year ended March of 2017, sales at
Corporation Bank were 225.68 billion Indian Rupees (US$3.54 billion).
increase of 6.7%
versus 2016, when the company's sales were 211.54 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Corporation Bank
(and since 2012, sales have increased a total of 55%).
Sales of Treasury Operations saw an increase
that was more than double the company's growth rate: sales were up
54.5% in 2017, from
45.90 billion Indian Rupees to 70.93 billion Indian Rupees.
Corporation Bank also saw significant increases in sales in
Other Banking Operations (up 9.2% to 4.84 billion Indian Rupees)
Unallocated (up 20.2% to 6.68 billion Indian Rupees)
Not all segments of Corporation Bank experienced an increase in sales in 2017:
sales of Retail Banking fell 9.7% to 57.32 billion Indian Rupees.
Corporation Bank also experienced decreases in sales in
Wholesale Banking (down 6.8% to 85.93 billion Indian Rupees)