It is a broadly described annual report of Oriental Bank of Commerce in the year of 2013-2014. During the financial year, The Bank’s Total Business grew by 9.20% and stood at Rs. 3,34,254 Crore as on 31st March 2014 as against Rs. 3,06,084 Crore in the previous year. Total Deposits and Gross Advances increased to Rs. 1,93,489 Crore and Rs. 1,40,765 Crore as on 31st March 2014. The Operating Profit for FY13-14 increased to Rs. 4,156 Crore from Rs. 3,691 Crore registering a growth of 12.59% whereas the Net Profit for FY 13-14 stood at Rs. 1,139 Crore as against Rs. 1,328 Crore during FY 12-13. The Book Value per Share increased to Rs. 420.49 as on 31st March 2014 as against Rs. 402.94 as on 31st March 2013.
The Board of Directors of the bank was pleased to propose the final dividend of Rs. 3.60 per share thereby aggregating dividend of Rs. 7.60 per share (@76%) for the full year ended 31st March 2014.
More Annual Report of Oriental Bank of Commerce:
- Annual Report 2011-2012 of Oriental Bank of Commerce
- Annual Report 2012-2013 of Oriental Bank of Commerce
- Annual Report 2013-2014 of Oriental Bank of Commerce
- Annual Report 2014-2015 of Oriental Bank of Commerce
- Annual Report 2015-2016 of Oriental Bank of Commerce
- Annual Report 2016-2017 of Oriental Bank of Commerce