The bank announced the results during trading hours today, 30 April 2012.

Meanwhile, the BSE Sensex was up 121.43 points or 0.71% to 17,308.77.

On BSE, 2.92 lakh shares were traded in the counter as against average daily volume of 43,639 shares over the past one quarter.

The stock hit a high of Rs 248.80 and a low of Rs 225.15 so far during the day. The stock had hit a 52-week low of Rs 190.10 on 2 January 2012. The stock had hit a 52-week high of Rs 378 on 26 July 2011.

The stock had underperformed the market over the past one month till 28 April 2012, falling 0.27% compared with the Sensex's 0.38% gain. The scrip had also underperformed the market in past one quarter, declining 6.39% as against Sensex's 0.27% fall.

The bank has an equity capital of Rs 250.76 crore. Face value per share is Rs 10.

Oriental Bank of Commerce's net profit fell 24.04% to Rs 1141.56 crore on 30.71% growth in total income to Rs 17055.13 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

Oriental Bank of Commerce's capital adequacy ratio (CAR) as per Basel-II norms stood at 12.69% as on 31 March 2012, higher than 12.12% as on 31 December 2011 and 14.23% as on 31 March 2011. The bank's gross non-performing assets (NPA) ratio stood at 3.17% of gross advances as on 31 March 2012, higher than 2.92% as on 31 December 2011 and 1.98% as on 31 March 2011. The net NPA ratio was at 2.21% of net advances as on 31 March 2012, higher than 1.89% as on 31 December 2011 and 0.98% as on 31 March 2011.

Oriental Bank of Commerce's board of directors at a meeting held today, 30 April 2012, proposed dividend of Rs 7.90 per share for the year ended March 2012.

Separately, Oriental Bank of Commerce said it has reduced base rate by 15 bps from 10.65% to 10.5% effective from 14 May 2012.

Oriental Bank of Commerce (OBC) provides banking services including accepting deposits, providing loans, financing and other related services to consumers and industries. The Government of India (GoI) held 58% stake in the bank as per the shareholding pattern as on 31 March 2012.