Oriental Bank of Commerce (OBC) posted a net loss of Rs 99.44 crore for the quarter ended March 31, 2008 as compared to profit of Rs 54.86 crore shown during the same quarter in 2007.
Total revenue, however, has increased to Rs 2,071.01 crore for the quarter from Rs 1,577.29 crore in the year ago period.
For the year ended March 2008, the bank made a net profit of Rs 353.22 crore as compared to Rs 580.81 crore in previous fiscal. Total revenue has increased to Rs 7,454.84 crore from Rs 5,652.91 crore during last year.
Total revenue, however, has increased to Rs 2,071.01 crore for the quarter from Rs 1,577.29 crore in the year ago period.
For the year ended March 2008, the bank made a net profit of Rs 353.22 crore as compared to Rs 580.81 crore in previous fiscal. Total revenue has increased to Rs 7,454.84 crore from Rs 5,652.91 crore during last year.
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