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NEW DELHI: Public-sector lender Oriental Bank of Commerce (OBC) on Friday reported a 82.11 per cent growth in net profit at Rs 252.19 crore for the third quarter ended December 31, 2008.

The state-run bank had a net profit of Rs 138.48 crore in the December quarter of FY'08, OBC said in a statement.

The total income rose 42 per cent to Rs 2,718.20 crore in the third quarter of the current fiscal, from Rs 1,915.28 crore in the corresponding year-ago period.

During the quarter, OBC's interest income grew 37.46 per cent to Rs 2,402.81 crore. The interest expended at the end of the December quarter, and it stood at Rs 1,834.97 crore, up 36.37 per cent over the last fiscal.

Shares of OBC were trading at Rs 141.60, up 3.02 per cent in the afternoon trade on the Bombay Stock Exchange. - PTI

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