Central Bank of India operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Central Bank of India with three other
companies in this sector in India:
sales of 239.50 billion Indian Rupees [US$3.37 billion]
of which 38%
was Retail Banking),
IDBI Bank Ltd
(257.09 billion Indian Rupees [US$3.62 billion]
of which 115%
was Retail Banking), and
Indusind Bank Ltd
(279.09 billion Indian Rupees [US$3.93 billion]
of which 54%
was Retail Banking).
During the year ended March of 2019, sales at
Central Bank of India were 251.69 billion Indian Rupees (US$3.55 billion).
decrease of 6.0%
versus 2018, when the company's sales were 267.88 billion Indian Rupees.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Central Bank of India had sales
of 264.11 billion Indian Rupees.
Contributing to the drop in overall sales was the 14.6% decline
in Wholesale Banking Operations, from 83.35 billion Indian Rupees to 71.15 billion Indian Rupees.
There were also decreases in sales in
Treasury Operations (down 2.2% to 100.17 billion Indian Rupees)
Retail Banking Operations (down 2.1% to 80.29 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Other Banking Operations (up 1.4% to 42.00 million Indian Rupees)