OBC Profit Up To Rs 181 Cr

New Delhi, July 28 | Updated: Jul 29 2004, 06:14am hrs
Oriental Bank of Commerce has reported a net profit of Rs 181 crore during the first quarter of the current financial year, up from Rs 142 crore reported during the corresponding period of the previous fiscal.

The banks return on assets has increased to 1.7 per cent during this period in 2004-05 from 1.6 per cent in 2003-04.

As per a statement, the bank maintained the net NPAs level at 0 per cent with an NPA coverage of 102.8 per cent.