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:
Kotak Mahindra Bank Limited
sales of 280.28 billion Indian Rupees [US$4.20 billion]
of which 33%
was Retail Banking),
Indian Overseas Bank
(260.46 billion Indian Rupees [US$3.91 billion]
of which 43%
was Corporate/Wholesale Banking), and
Central Bank of India
(279.32 billion Indian Rupees [US$4.19 billion]
Syndicate Bank reported sales of 257.08 billion Indian Rupees (US$3.86 billion)
March of 2016.
increase of 8.4%
versus 2015, when the company's sales were 237.25 billion Indian Rupees.
Sales at Syndicate Bank have increased during each of the previous five years
(and since 2011, sales have increased a total of 108%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
53.7% in 2016, from
61.52 billion Indian Rupees to 94.57 billion Indian Rupees.
Syndicate Bank also saw significant increases in sales in
Treasury (up 10.9% to 69.13 billion Indian Rupees)
Not all segments of Syndicate Bank experienced an increase in sales in 2016:
sales of Corporate/wholesale Banking fell 18.4% to 90.05 billion Indian Rupees.