Oriental Bank of Commerce FINANCIAL RESULTS FOR Q1 OF FY-2013-14

August 4, 2013 by sagarmedia

Oriental Bank of Commerce

HIGHLIGHTS OF FINANCIAL RESULTS FOR Q1 OF FY-2013-14

Rs. In Crore)

	Q1 FY-2013-14	Q1 FY-2012-13	% Growth (YoY)
Operating Profit	1088.27	896.54	21.39%
Total Income	5255.70	4695.57	11.93%
Net Interest Income (NII)	1307.03	1125.84	16.09%
Non Interest Income	538.05	408.41	31.74%

	June,2013	June,2012	Growth (YoY)
Business Mix	3,04,269	2,72,048	11.84%
Total Deposits	1,76,275	1,58,152	11.46%
Total Advances	1,27,995	1,13,896	12.38%
Core Deposits	1,44,873	1,16,247	24.63%
Bulk Deposits	31,221	41,478	-24.73%
CASA Deposits	41,844	37,990	10.14%
Retail Advances	14,492	11,872	22.07%
Priority Sector Advances	45,584	40,244	13.27%
Total Agriculture Advances	17,149	15,010	14.25%
Direct Agriculture Advances	13,776	11,898	15.79%
CD Ratio	72.69%	72.21%	48 bps
Cost of Deposits	7.70%	7.99%	-29 bps
Net Interest Margin (NIM)	2.90%	2.79%	11 bps
Business per Employee	15.98	14.72	8.55%
Book Value per Share (in Rs.)	413.87	377.24	9.71%

Capital Adequacy of the Bank under BASEL II 12.02% (Tier I : 9.25%, Tier II : 2.77%)

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Capital Adequacy of the Bank under BASEL III 10.97% (Tier I :8.65%, Tier II  : 2.32%)

123 New Branches opened and 123 new ATMs installed during the quarter. Total Delivery Channels of the Bank stood at 3598 (2023 Branches and 1575 ATMs)