Syndicate Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Syndicate Bank with three other
companies in this sector in India:
sales of 225.68 billion Indian Rupees [US$3.55 billion]
of which 38%
was Wholesale Banking),
Indian Overseas Bank
(231.06 billion Indian Rupees [US$3.63 billion]
of which 41%
was Corporate/Wholesale Banking), and
Central Bank of India
(276.47 billion Indian Rupees [US$4.35 billion]
of which 36%
was Treasury Operations).
Syndicate Bank reported sales of 264.62 billion Indian Rupees (US$4.16 billion)
March of 2017.
increase of 2.9%
versus 2016, when the company's sales were 257.08 billion Indian Rupees.
Sales at Syndicate Bank have increased during each of the previous five years
(and since 2012, sales have increased a total of 62%).
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
23.0% in 2017, from
4.56 billion Indian Rupees to 5.61 billion Indian Rupees.
Syndicate Bank also saw significant increases in sales in
Treasury (up 14.0% to 78.78 billion Indian Rupees)
Not all segments of Syndicate Bank experienced an increase in sales in 2017:
sales of Retail Banking fell 7.9% to 87.11 billion Indian Rupees.