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Oriental Bank Of Commerce Ltd (ORBC.NS)

ORBC.NS on National Stock Exchange of India

122.80INR
19 Jan 2018
Change (% chg)

Rs1.95 (+1.61%)
Prev Close
Rs120.85
Open
Rs120.60
Day's High
Rs123.60
Day's Low
Rs119.80
Volume
1,519,990
Avg. Vol
2,634,264
52-wk High
Rs191.00
52-wk Low
Rs111.00

Latest Key Developments (Source: Significant Developments)

India's Oriental Bank of Commerce posts Sept-qtr loss
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Oriental Bank of Commerce Ltd ::Sept quarter net loss 17.50 billion rupees versus net profit of 1.53 billion rupees year ago.Sept quarter interest earned 44.52 billion rupees versus 46.96 billion rupees year ago.Sept quarter provisions 32.81 billion rupees versus 7.75 billion rupees year ago.Sept quarter provisions for NPA 31.47 billion rupees versus 6.87 billion rupees year ago.Sept quarter gross NPA 16.30 percent versus 14.83 percent previous quarter.Sept quarter net NPA 9.44 percent versus 9.56 percent previous quarter.  Full Article

Oriental Bank of Commerce to raise 2.50 bln rupees in private placement
Wednesday, 31 Aug 2016 

Oriental Bank of Commerce Ltd : Intends to raise tier 1 capital via private placement of Basel III compliant additional tier 1 bonds of up to 2.50 billion rupees .  Full Article

Oriental Bank Of Commerce appoints Jitender Mohan Singh as CFO
Monday, 29 Aug 2016 

Oriental Bank Of Commerce Ltd : Jitender Mohan Singh has been appointed as chief financial officer .  Full Article

Oriental Bank Of Commerce June-qtr profit falls about 61 pct
Friday, 12 Aug 2016 

Oriental Bank Of Commerce Ltd : June-quarter net profit 1.01 billion rupees versus net profit of 2.58 billion rupees year ago . June-quarter interest earned 47.79 billion rupees versus 51.15 billion rupees year ago . June-quarter provisions 7.50 billion rupees versus 5.78 billion rupees year ago . June-quarter gross NPA 11.45 percent versus 9.57 percent previous quarter . June-quarter net NPA 8.11 percent versus 6.70 percent previous quarter .  Full Article

Oriental Bank Of Commerce intends to raise tier II capital via bonds worth 5 bln rupees
Monday, 13 Jun 2016 

Oriental Bank Of Commerce Ltd : Intends to raise Tier II capital through private placement of Basel III compliant Tier II bonds aggregating to 5 billion rupees .  Full Article

Oriental Bank of Commerce posts March-qtr profit
Wednesday, 11 May 2016 

Oriental Bank Of Commerce Ltd : March-quarter net profit 216.2 million rupees versus net loss of 1.78 billion rupees year ago . March-quarter interest earned 49.58 billion rupees versus 50.91 billion rupees year ago . March-quarter provisions 10.26 billion rupees versus 11.07 billion rupees year ago . March-quarter gross NPA 9.57 percent versus 7.75 percent previous quarter . Recommended dividend at 0.70 rupee per share .  Full Article

Oriental Bank of Commerce says India govt raises stake in co by 3.21 pct
Monday, 9 May 2016 

Oriental Bank Of Commerce Ltd : Government of India raises stake in co by 3.21 percent to 58.38 percent .  Full Article

Oriental Bank Of Commerce Ltd announces appointment of statutory central auditors
Tuesday, 2 Feb 2016 

Oriental Bank Of Commerce Ltd:Says that M/s. V K Dhingra & Co. M/s. Sudit K. Parekh & Co. and M/s. V K Ladha & Associates, have been appointed as Statutory Central Auditors of the Bank in place of M/s. P. L. Tandon & Co., M/s. Shah & Taparia & M/s Bansal R Kumar & Associates for FY 2015-16.  Full Article

BRIEF-India's Oriental Bank Of Commerce Cuts 1-Year MCLR To 8.35 Pct

* SAYS CUTS 1-YEAR MCLR TO 8.35 PERCENT FROM 8.40 PERCENT Source text - http://bit.ly/2kCpUxT Further company coverage: