Corporation Bank Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Corporation Bank Ltd with three other
companies in this sector in India:
sales of 189.69 billion Indian Rupees [US$2.67 billion]
of which 35%
was Retail Banking),
Oriental Bank Of Commerce
(205.36 billion Indian Rupees [US$2.89 billion]
of which 43%
was Corporate/Wholesale Banking), and
Uco Bank Ltd
(158.35 billion Indian Rupees [US$2.23 billion]
of which 43%
was Treasury Operations).
During the year ended March of 2019, sales at
Corporation Bank Ltd were 175.06 billion Indian Rupees (US$2.47 billion).
decrease of 12.2%
versus 2018, when the company's sales were 199.47 billion Indian Rupees.
Contributing to the drop in overall sales was the 35.9% decline
in Treasury Operations, from 64.30 billion Indian Rupees to 41.22 billion Indian Rupees.
There were also decreases in sales in
Wholesale Banking (down 1.2% to 70.88 billion Indian Rupees)
Retail Banking (down 1.2% to 53.20 billion Indian Rupees)
Other Banking Operations (down 13.0% to 3.98 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Unallocated (up 15.3% to 5.77 billion Indian Rupees)