State-owned Oriental Bank of Commerce (OBC) today posted 58 per cent decline in net profit to Rs 167.7 crore for second quarter ended September 30,2011. The bank had a net profit of Rs 397.65 crore in the same quarter last fiscal. The total income of the lender,however,increased to Rs 4,078.48 crore during the July-September quarter,from Rs 3,206.04 crore over the same period last year,OBC said in a filing to the BSE. During the first half of 2011-12,the bank registered 31 per cent fall in net profit to Rs 522.44 crore,compared to Rs 760.96 crore in the same period a year ago. The bank reported a total income of Rs 7,998.84 crore in the first six months,compared to Rs 6,251.58 crore in the previous financial year. Company INFO More on OBC Stocks More on OBC
