Oriental Bank Of Commerce operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Oriental Bank Of Commerce with three other
companies in this sector in India:
Indian Overseas Bank
sales of 217.37 billion Indian Rupees [US$3.05 billion]
of which 34%
was Retail Banking),
(189.69 billion Indian Rupees [US$2.66 billion]
of which 35%
was Retail Banking), and
(210.75 billion Indian Rupees [US$2.95 billion]
of which 38%
was Retail Banking).
Oriental Bank Of Commerce reported sales of 205.36 billion Indian Rupees (US$2.88 billion)
March of 2019.
a very small
increase of 1.8%
versus 2018, when the company's sales were 201.79 billion Indian Rupees.
Despite this increase, sales are still
below the level achieved in 2017, when Oriental Bank Of Commerce
reported sales of 211.88 billion Indian Rupees.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Oriental Bank Of Commerce had sales
of 209.51 billion Indian Rupees.
Sales of Unallocated Corporate saw an increase
that was more than double the company's growth rate: sales were up
4,082.7% in 2019, from
39.20 million Indian Rupees to 1.64 billion Indian Rupees.
Oriental Bank Of Commerce also saw significant increases in sales in
Retail Banking (up 12.9% to 87.25 billion Indian Rupees)
Other Banking Business (up 37.7% to 6.10 billion Indian Rupees)
Not all segments of Oriental Bank Of Commerce experienced an increase in sales in 2019:
sales of Corporate/wholesale Banking fell 9.3% to 88.26 billion Indian Rupees.
Oriental Bank Of Commerce also experienced decreases in sales in
Treasury Operations (down 6.4% to 57.98 billion Indian Rupees)