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HomeNewsBusinessEarningsOBC Q1 net seen down 45%, NII likely at Rs 1339 cr

OBC Q1 net seen down 45%, NII likely at Rs 1339 cr

Gross non-performing asset (NPA) below 10 percent will be positive

August 11, 2016 / 16:36 IST
     
     
    26 Aug, 2025 12:21
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    Oriental Bank of Commerce (OBC) is expected to report net profit at Rs 141.2 crore in April-June quarter down 45.2 percent from Rs 258 crore in corresponding quarter last fiscal. According to CNBC-TV18 poll, the bank is likely to see net interest income (NII) at Rs 1339.1 crore in Q1, up 0.8 percent against Rs 1329 crore in year-ago period.

    Key things to watch#Slippages below Rs 2000 crore will be positive #Gross non-performing asset (NPA) below 10 percent will be positive #Slippage from restructured book will be seen closely #Restructured book at Rs 11828 crore

    first published: Aug 11, 2016 04:36 pm

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