Oriental Bank posts marginal rise in net profit

K.R. Srivats New Delhi | Updated on March 12, 2018 Published on April 30, 2014

Oriental Bank of Commerce (OBC) has reported a marginal increase in net profit for the quarter ended March 31, 2014 at Rs 310 crore (Rs 308 crore).

Total income of the bank for the quarter under review increased to Rs 5,655 crore (Rs 4,996 crore).

For the financial year ended March 31, 2014, the net profit of the bank declined 14 per cent to Rs 1,139 crore (Rs 1,328 crore).

Total income for the year 2013-14 increased to Rs 20,963 crore (Rs 19,359 crore).

OBC has declared a final dividend of Rs 3.60 per share.. This is in addition to the interim dividend of Rs 4 per share.


Published on April 30, 2014
This article is closed for comments.
Please Email the Editor