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Oriental Bank Q3 net up 15% to Rs 289 cr

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Press Trust of India New Delhi

Public sector lender Oriental Bank of Commerce today reported a growth of 14.76 per cent in net profit at Rs 289.43 crore for the quarter ended December 31, 2009, over the same period last year.

Total income rose to Rs 2,909.27 crore for the third quarter ended December 31, from Rs 2,718.20 crore in the same period previous fiscal, Oriental Bank of Commerce (OBC) said in a filing to the Bombay Stock Exchange.

Capital adequacy ratio of the bank stood at 13.20 per cent for the quarter ended December 31, 2009.

Shares of OBC were trading at Rs 235.50 on the BSE, up 2.59 per cent from its previous close.

 

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First Published: Jan 28 2010 | 1:36 PM IST

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