Name: Latest research reports of Oriental Bank of Commerce authored by Phillip Capital and published by - Trendlyne research reports.
Item: Oriental Bank of Commerce
Rating: 3
Author: Phillip Capital

Oriental Bank of Commerce

NSE: ORIENTBANK | BSE: 500315 | ISIN: INE141A01014 | Industry: Banks
| Falling Comet

Oriental Bank of Commerce

12 May 2016

OBC Q4FY16 Update 12May2016

Neutral: Oriental Bank of Commerce

Phillip Capital

8 OBC reported a loss of Rs 1.5bn at PBT level, however it managed to report meagre profitofRs216mnduetotaxwritebackofRs1.7bn. 8 NIIwasweak(+4%yoy)duetomutedcreditgrowth(2.5%yoy)andtepidNIMof2.65%....