United Bank of India operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Bank of India with three other
companies in this sector in India:
Bank Of Maharashtra
sales of 135.71 billion Indian Rupees [US$2.10 billion]
of which 38%
was Corporate/Wholesale Banking),
(114.33 billion Indian Rupees [US$1.77 billion]
of which 42%
was Corporate/Wholesale Banking), and
Federal Bank Ltd
(98.67 billion Indian Rupees [US$1.53 billion]
of which 43%
was Retail Banking).
During the year ended March of 2017, sales at
United Bank of India were 116.15 billion Indian Rupees (US$1.80 billion).
a very small
increase of 1.8%
versus 2016, when the company's sales were 114.04 billion Indian Rupees.
Despite this increase, sales are still
below the level achieved in 2015, when United Bank of India
reported sales of 119.27 billion Indian Rupees.
Sales of Treasury Operations saw an increase
that was more than double the company's growth rate: sales were up
19.4% in 2017, from
40.37 billion Indian Rupees to 48.19 billion Indian Rupees.
United Bank of India also saw significant increases in sales in
Retail Banking (up 8.9% to 26.87 billion Indian Rupees)
Not all segments of United Bank of India experienced an increase in sales in 2017:
sales of Corporate/wholesale Banking fell 16.7% to 38.73 billion Indian Rupees.
United Bank of India also experienced decreases in sales in
Other Banking Operations (down 5.3% to 180.00 million Indian Rupees)