Oriental Bank of Commerce shares down as bad loans rise

Reuters Market Eye - Oriental Bank of Commerce slumped as much as 4.7 percent.

Heads towards biggest single-day fall since Oct. 10.

Banks' bad loans increase to 3.29 percent of advances in Sept-quarter versus 3.11 percent in June quarter - company filing.

Also, profit of 2.91 billion rupees includes tax write back of 777.5 million rupees - company filing.

Stock down 4.2 percent at 1:02 p.m.

(Reporting by Abhishek Vishnoi)