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:
Punjab & Sind Bank
sales of 85.30 billion Indian Rupees [US$1.20 billion]
of which 45%
was Corporate/Wholesale Banking),
Federal Bank Ltd
(110.76 billion Indian Rupees [US$1.55 billion]
of which 42%
was Retail Banking), and
(100.96 billion Indian Rupees [US$1.42 billion]
of which 35%
was Corporate/Wholesale Banking).
During the year ended March of 2018, sales at
United Bank of India were 105.53 billion Indian Rupees (US$1.48 billion).
decrease of 9.1%
versus 2017, when the company's sales were 116.15 billion Indian Rupees.
The sales level in 2018 was fairly close to the level five years ago: in 2013, United Bank of India had sales
of 103.17 billion Indian Rupees.
Contributing to the drop in overall sales was the 26.2% decline
in Corporate/wholesale Banking, from 38.73 billion Indian Rupees to 28.58 billion Indian Rupees.
There were also decreases in sales in
Treasury Operations (down 6.1% to 45.23 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Retail Banking (up 4.4% to 28.06 billion Indian Rupees)
Other Banking Operations (up 55.6% to 280.00 million Indian Rupees)