Allahabad Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allahabad Bank with three other
companies in this sector in India:
sales of 182.95 billion Indian Rupees [US$3.03 billion]
Uco Bank Ltd
(177.03 billion Indian Rupees [US$2.93 billion]
Oriental Bank Of Commerce
(193.38 billion Indian Rupees [US$3.20 billion]
of which 55%
was Corporate/Wholesale Banking).
Allahabad Bank reported sales of 190.26 billion Indian Rupees (US$3.15 billion)
March of 2013.
increase of 13.0%
versus 2012, when the company's sales were 168.33 billion Indian Rupees.
Sales at Allahabad Bank have increased during each of the previous five years
(and since 2008, sales have increased a total of 162%).
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
59.9% in 2013, from
2.56 billion Indian Rupees to 4.09 billion Indian Rupees.
Allahabad Bank also saw significant increases in sales in
Treasury Operations (up 22.4% to 50.97 billion Indian Rupees)