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OBC sees Q1 MTM loss on bond portfolio at Rs 100 cr

Published on Fri, Jul 18, 2008 at 11:45 , Updated at Fri, Jul 18, 2008 at 14:28
Source : Newswire 18

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The Oriental Bank of Commerce, or the OBC’s Q1 mark to market loss on bond portfolio is seen at Rs 100 crore, reports CNBC-TV18, quoting Newswire 18. The bank has raised the prime lending rate, or the PLR by 50 bps to 13.75%, the report said.

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Oriental Bank
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