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:
Yes Bank Limited
sales of 206.43 billion Indian Rupees [US$3.22 billion]
of which 64%
was Corporate/Wholesale Banking),
Oriental Bank Of Commerce
(211.88 billion Indian Rupees [US$3.30 billion]
of which 56%
was Corporate/Wholesale Banking), and
Indusind Bank Ltd
(185.74 billion Indian Rupees [US$2.89 billion]
of which 52%
was Retail Banking).
Allahabad Bank reported sales of 205.68 billion Indian Rupees (US$3.20 billion)
March of 2017.
decrease of 2.1%
versus 2016, when the company's sales were 210.03 billion Indian Rupees.
Contributing to the drop in overall sales was the 25.4% decline
in Corporate/wholesale Banking, from 90.67 billion Indian Rupees to 67.68 billion Indian Rupees.
However, these declines were partially offset by the increase in sales of
Retail Banking (up 6.3% to 67.92 billion Indian Rupees)
Treasury Operations (up 23.2% to 61.19 billion Indian Rupees)
Other Banking Operations (up 54.2% to 9.00 billion Indian Rupees)