United Bank of India operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Bank of India with three other
companies in this sector in India:
Punjab & Sind Bank
sales of 93.77 billion Indian Rupees [US$1.31 billion]
Jammu & Kashmir Bank Limited
(84.75 billion Indian Rupees [US$1.19 billion]
of which 58%
was Retail Banking), and
Federal Bank Ltd
(129.52 billion Indian Rupees [US$1.81 billion]
of which 39%
was Retail Banking).
During the year ended March of 2019, sales at
United Bank of India were 109.44 billion Indian Rupees (US$1.53 billion).
increase of 3.7%
versus 2018, when the company's sales were 105.53 billion Indian Rupees.
Despite this increase, sales are still
below the level achieved in 2017, when United Bank of India
reported sales of 116.15 billion Indian Rupees.
The sales level in 2019 was fairly close to the level five years ago: in 2014, United Bank of India had sales
of 118.06 billion Indian Rupees.
Sales of Other Banking Operations saw an increase
that was more than double the company's growth rate: sales were up
650.0% in 2019, from
280.00 million Indian Rupees to 2.10 billion Indian Rupees.
United Bank of India also saw significant increases in sales in
Treasury Operations (up 4.9% to 47.43 billion Indian Rupees)
Retail Banking (up 21.6% to 34.12 billion Indian Rupees)
Not all segments of United Bank of India experienced an increase in sales in 2019:
sales of Corporate/wholesale Banking fell 9.8% to 25.79 billion Indian Rupees.