OBC Q1 net dips 9 pc at Rs 353 cr

NEW DELHI, Aug 3:  State-owned Oriental Bank of Commerce  today reported a decline of 9.71 per cent in its net profit  at Rs 353.38 crore for the quarter ended June 30, 2013.

The Delhi-based Bank had posted a net profit of Rs 391.42 crore for the corresponding quarter last year.

However, its total income has increased by 11.92 per cent  from Rs 4,695.57 crores for the quarter ended June 30, 2012 to  Rs 5,255.70 crores for the quarter ended June 30, 2013, the  Bank said in a regulatory filing. (UNI)

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