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

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