Oriental Bank of Commerce has reported results for the quarter and year ended March 31, 2013.
The bank’s net profit has surged by 16.25% at Rs 307.94 crore for the fourth quarter ended March 31, 2013 as compared to Rs 264.90 crore for the similar quarter ended March 31, 2012. Total income has increased by 9.45% to Rs 4996.01 crore for the quarter ended March 31, 2013 from Rs 4564.53 crore for the quarter ended March 31, 2012.
For the year ended March 31, 2013, the bank’s net profit has rose 16.33% at Rs 1327.95 crore as compared to Rs 1141.56 crore for the previous year. Bank’s total income has increased by 13.51% to Rs 19359.49 crore for the year from Rs 17055.13 crore for the previous fiscal.
The bank’s board at its meeting held on May 02, 2013, has proposed dividend of Rs 9.20 per share for the year ended March 31, 2013.
| Company Name | CMP |
|---|---|
| SBI | 1095.60 |
| PNB | 110.15 |
| Canara Bank | 138.10 |
| Bank Of Baroda | 270.80 |
| Union Bank Of India | 168.70 |
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