Oriental Bank Q3 Net At Rs 144.96 Crore
Aided by tax write back of Rs 2,862.44 crore, Oriental Bank of Commerce (OBC) on Tuesday reported net profit of Rs 144.96 crore for the third quarter ended December 31,2019.
This public sector bank had reported a net loss of Rs 1,985.42 crore in the same quarter in the previous year. In the September quarter this fiscal, OBC had recorded a net profit of Rs 101.74 crore.
Total income for the quarter under review stood at Rs 5127.98 crore (Rs 4756 crore). Operating profit for the three months period ended December 31,2018 stood at Rs 1002.33 crore (Rs 742.82 crore).
Provisions for non performing assets for the quarter under review increased to Rs 4082.13 crore (Rs 2340.21 crore).
For the nine months ended December 31,2018, OBC has reported a net loss of Rs 146.51 crore as compared to a net loss of Rs 4221.52 crore.
USAA To Expand Workforce In Chesapeake To Support Growing Membership
Company adding more than 500 employees in the area over the next two years Read more
USAA Advocates For Safe Driving Habits During 100 Deadliest Days Of Summer For Teens
New Safe Driving Simulator virtual experience helps drivers identify bad habits ahead of summer travels Read more
USAAs Poppy Wall Of Honor® Returns To National Mall For Sixth Year To Honor And Remember Fallen Service Members
Enhanced experience provides immersive storytelling to illustrate all that was given in service to our country Read more
USAA Appoints Brian Goldman As Chief Risk Officer
USAA announced today the appointment of Brian Goldman as its new Chief Risk Officer, effective May 27. Read more
Strong Financial Performance Reflects USAAs Unwavering Commitment To Members And The Military Community
Association added 1 million new members and continued to serve the military community and their families through enhance... Read more
USAA And The Valero Texas Open Join Forces To Honor Military Heroes
Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more