Private sector lender Oriental Bank of Commerce has reported results for second quarter ended September 30, 2012.
The Bank’s net profit for the quarter registering growth of 80.15% stood at Rs 302.19 crore as compared to Rs 167.74 crore for the similar quarter of the previous year. Bank’s total Income has increased by 18.21% to Rs 4821.37 crore for the quarter under review against Rs 4078.48 crore for the corresponding quarter of the previous fiscal.
For the six months ended September 30, the bank has reported a net profit of Rs 693.61 crore, registering rise of 32.76 per cent increase over net profit of Rs 522.44 crore recorded in the same period last year.