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Sun, 29 Jan 2012 23:40:56 -0800

Higher provisioning drags Oriental Bank Q3 net 13.2%
Business Line Mr Nagesh Pydah (right), CMD, Oriental Bank of Commerce, with Executive Director, Mr S. C. Sinha, announcing the third quarter results in the Capital on Monday.
Tue, 07 Feb 2012 09:30:15 -0800

Aftershocks hit Negros Oriental
TWO aftershocks were reported in Negros oriental Tuesday night, according to the Philippine Institute of Volcanology and Seismology (Phivolcs). A temblor with 3.0-magnitude was felt 6...
Fri, 03 Feb 2012 03:11:38 -0800

2G: Telecos owe Rs 10,000 cr to PSU banks
SBI, PNB, Corporation Bank and Oriental Bank of Commerce are some of the PSU banks THAT have given loans to the affected companies.
Tue, 24 Jan 2012 10:01:00 -0800

Oriental Financial Group to Announce Fourth Quarter 2011 Results January 30, 2012
Oriental Financial Group Inc. will release its fourth quarter 2011 financial results on Monday, January 30, 2012 after the market closes and hold its conference call on Tuesday, January 31, 2012 at 8:30 AM Eastern Time / 9:30 AM Puerto Rico Time.
Mon, 06 Feb 2012 04:30:12 -0800

“Small lady’’ source of bank records, says prosecution team member
A small lady was pointed by the prosecution team as the alleged source of certain bank records attached in a pleading they filed before the Senate last week.
Sun, 29 Jan 2012 19:42:52 -0800

Indian Equities Seen Subdued
Indian shares are seen opening lower on Monday, mirroring weak Asian cues as China didn't cut banks' reserve requirements that some economists had predicted would come before the Lunar New Year holiday and data showed the world's largest economy expanded less than forecast in the fourth quarter.
Fri, 27 Jan 2012 07:00:00 -0800

Oriental Financial Group Names Norberto González and Ganesh Kumar to New and Expanded Senior Executive Management ...
Oriental Financial Group Inc. today announced the appointments of Norberto González, currently Executive Vice President and Chief Financial Officer, and Ganesh Kumar, c
 
Tue, 07 Feb 2012 09:34:33 GMT


Moneycontrol.com

Sell Oriental Bank; target of Rs 282: Dolat Capital
Moneycontrol.com
Dolat Capital is bearish on Oriental Bank and has recommended sell rating on the stock with a target of Rs 282 in its February 6, 2012 research report. "In Q3 FY12, Oriental Bank of Commerce's (OBC) net interest income (NII) grew by 10.7% YoY to Rs ...

and more »
Mon, 30 Jan 2012 12:00:45 GMT


The Hindu

Oriental Bank of Commerce Q3 net profit dips 13 per cent
The Hindu
Public sector lender Oriental Bank of Commerce (OBC) on Monday reported a 13 per cent decline in net profit to Rs. 354.22 crore for the third quarter ended December 31 on account of a rise in bad assets. The bank had posted net profit of Rs. 408.25 ...
Oriental Bank of Commerce net profit falls 13% to Rs 354 croreNDTV
OBC Q3 net profit down 13% at Rs 354 crMoneycontrol.com
Rising non-performing assets pulls down bank stocksHindu Business Line
Business Today
all 323 news articles »
Thu, 02 Feb 2012 13:37:41 GMT


Oriental Bank of Commerce - Gaining momentum - MF Global Quarterly Report
Equity Bulls
The bank restructured assets worth Rs 22.1 bn (including GTL group ~ Rs 6 bn and Uttar Haryana SEB ~ Rs 9 bn) and provided Rs 1.4 bn as an NPV sacrifice on GTL. The management expects incremental restructuring of Rs 15 bn (Rs 30 bn, if loans to Air ...

and more »
Mon, 06 Feb 2012 17:08:28 GMT


Hindu Business Line

Non-interest income lifts Dena Bank net 20% in third quarter
Hindu Business Line
Currently, LIC holds large stakes in two other public sector banks — Corporation Bank (23.75 per cent) and Oriental Bank of Commerce (8.87 per cent). “We are planning for a 25 per cent growth in business. So, the funds from LIC will temporarily ...

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Thu, 02 Feb 2012 13:29:00 GMT


IBNLive.com

2G case: SBI has Rs 4500 crore exposure in telecos hit by SC ruling, Santosh Nair
Economic Times
The other lenders including Punjab National Bank, Corporation Bank, Oriental Bank of Commerce too have exposure in these telecom companies. "I don't think we will be affected much by the the verdict. We have a fund-based exposure of Rs 1100 crore in ...
2G ban shocker:Telecom Companies owe Rs10,000cr to PSU banksOneindia
2G: Telecos owe Rs 10000 cr to PSU banksIBNLive.com
Govt to infuse Rs 18000 cr in 12 banksBusiness Today

all 89 news articles »
Sat, 04 Feb 2012 04:46:03 GMT


Firstpost

PSU banks' exposure to telecom cos over Rs14,000 crore
Moneylife Personal Finance site and magazine
Though it is a secured funding, we are a bit worried as to how it will pan out post the Supreme Court verdict,” Corporation Bank chairman and managing director Ajay Kumar had said. Even Oriental Bank of Commerce (OBC) said the bank had disbursed loans ...
PSU banks have exposure of Rs 10000 cr in SC order hit telcosFirstpost
Finmin working on implications of 2G verdict on banksTimes Now.tv
Tariffs may rise, portability the way out for customersExpressindia.com

all 570 news articles »
Mon, 30 Jan 2012 07:37:43 GMT


Oriental Bank of Commerce Q3 profit drops 13.2%
Myiris.com
Oriental Bank of Commerce (OBC) has posted a net profit of Rs 3.54 billion for the quarter ended December 31, 2011 as compared to Rs 4.08 billion for the quarter ended December 31, 2010, representing decrease of 13.23%. Total income has increased from ...
Oriental Bank quater 3 net profit dips 13 per centIndia Today

all 2 news articles »
 
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