Indian Overseas Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indian Overseas Bank with three other
companies in this sector in India:
Kotak Mahindra Bank Limited
sales of 280.28 billion Indian Rupees [US$4.19 billion]
of which 33%
was Retail Banking),
(257.08 billion Indian Rupees [US$3.85 billion]
of which 37%
was Retail Banking), and
Central Bank of India
(279.32 billion Indian Rupees [US$4.18 billion]
Indian Overseas Bank reported sales of 260.46 billion Indian Rupees (US$3.90 billion)
March of 2016.
decrease of 1.1%
versus 2015, when the company's sales were 263.29 billion Indian Rupees.
Contributing to the drop in overall sales was the 7.3% decline
in Retail Banking, from 77.38 billion Indian Rupees to 71.72 billion Indian Rupees.
There were also decreases in sales in
Corporate/wholesale Banking (down 3.7% to 113.14 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Treasury Operations (up 16.3% to 72.79 billion Indian Rupees)
Other Banking Operations (up 4.7% to 2.79 billion Indian Rupees)