Indian Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indian Bank with three other
companies in this sector in India:
Oriental Bank Of Commerce
sales of 205.36 billion Indian Rupees [US$2.89 billion]
of which 43%
was Corporate/Wholesale Banking),
Indian Overseas Bank
(217.37 billion Indian Rupees [US$3.06 billion]
of which 34%
was Retail Banking), and
(222.91 billion Indian Rupees [US$3.14 billion]
of which 37%
was Retail Banking).
Indian Bank reported sales of 210.75 billion Indian Rupees (US$2.97 billion)
March of 2019.
increase of 7.9%
versus 2018, when the company's sales were 195.34 billion Indian Rupees.
Sales at Indian Bank have increased during each of the previous five years
(and since 2014, sales have increased a total of 27%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
25.6% in 2019, from
64.38 billion Indian Rupees to 80.88 billion Indian Rupees.
Indian Bank also saw significant increases in sales in
Other Banking Operations (up 13.3% to 2.12 billion Indian Rupees)
Not all segments of Indian Bank experienced an increase in sales in 2019:
sales of Treasury Operations fell 11.2% to 54.39 billion Indian Rupees.