#1
3rd January 2017, 05:44 PM
| |||
| |||
Awards of Oriental Bank of Commerce
Can you provide me the details of the Awards/Performance highlights for the Financial Year ended March 2011 of OBC or Oriental Bank of Commerce?
|
#2
4th January 2017, 01:07 PM
| |||
| |||
Re: Awards of Oriental Bank of Commerce
The mission of OBC or Oriental Bank of Commerce is to provide quality, innovative services with state-of-the-art technology in line with customer expectations; enhance employees’ professional skills and strengthen cohesiveness and create wealth for customers and other stakeholders. The details of the Awards/Performance highlights for the Financial Year ended March 2011 of OBC or Oriental Bank of Commerce are as follows: NET PROFIT RECORDS 32.45 % GROWTH TO REACH RS.1503 CRORE CRAR INCREASES TO 14.23% RETURN ON ASSETS (ROA) INCREASES TO 1.03% COST TO INCOME RATIO IMPROVES TO 36.84% NET INTEREST MARGIN IMPROVES TO 3.18% Amt. (YoY Growth) Business Mix Rs. 2.36 lac crore (15.38 %) Deposits Rs. 1.39 lac crore (15.63%) Advances Rs. 0.97 lac crore (15.03 %) Customer BaseMore than 1.56 crore Holding of Govt. of India increases to 58% from 51.09%. Net Interest Income increased to Rs.4178 crore from Rs. 2907 crore showing a growth of 43.68% (YoY). NIM improved to 3.18% from 2.56% as on March'10. Decline of 54 bps in cost of deposits to 6.03% Capital adequacy Ratio (Basel II) stood at 14.23%. Earnings per share improved to Rs. 59.90 from Rs.45.29 |