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:
sales of 113.63 billion Indian Rupees [US$1.70 billion]
of which 49%
was Corporate/Wholesale Banking),
State Bank Of Bikaner & Jaipur
(106.50 billion Indian Rupees [US$1.60 billion]
of which 54%
was Retail Banking), and
State Bank Of Travancore
(107.57 billion Indian Rupees [US$1.61 billion]
of which 46%
was Corporate/Wholesale Banking).
During the year ended March of 2016, sales at
United Bank of India were 114.04 billion Indian Rupees (US$1.71 billion).
decrease of 4.4%
versus 2015, when the company's sales were 119.27 billion Indian Rupees.
Contributing to the drop in overall sales was the 83.0% decline
in Other Banking Operations, from 1.15 billion Indian Rupees to 195.30 million Indian Rupees.
There were also decreases in sales in
Corporate/wholesale Banking (down 8.2% to 46.49 billion Indian Rupees)
Treasury Operations (down 6.2% to 40.37 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Retail Banking (up 1.1% to 24.68 billion Indian Rupees)