Page 30 - BANKING FINANCE JUNE 2016

PRESS RELEASE

Highlights of Financial Results for Quarter ended 31st March, 2016

o Reduced by 50 bps to 7.19% during FY 2015-16
compared to 7.69% during FY 2014-15.

 Operating Profit
o Increased sequentially by 14.66% to Rs. 878.73
Crore during Q4 compared to Rs. 766.36 Crore
during Q3.

o Stood at Rs. 3,682.07 Crore for FY 2015-16.

 Net Profit stood at Rs. 156.08 Crore for FY 2015-16 and
Rs. 21.62 Crore for Q4.

Shri Animesh Chauhan, MD & CEO, Oriental Bank of Commerce (seen  Net Interest Margin (NIM)
in the centre) announcing the Annual Financial Results of FY 2015-
o Increased sequentially by 8 bps to 2.65% during Q4

16 along with Shri Rajkiran Rai G., ED of the Bank at Bank's compared to 2.57% during Q3.

Corporate Office in Gurgaon. Also seen in the picture (on the right) o Increased by 5 bps to 2.66% during FY 2015-16
is Shri CH. S. S. Mallikarjuna Rao, CFO of the Bank. compared to 2.61% during FY 2014-15.

(Rs. in Crore)  Gross NPA stood at 9.57% & Net NPA at 6.70%

Business Mix March, March, % Growth  Cash Recovery including upgradation during Q4 was Rs.
Total Deposits 2016 2015 (YoY) 478.61 Crore compared to Rs. 389.53 Crore during Q3.
Total Advances
Retail Term Deposits 3,62,554 3,52,049 2.98%  Provision Coverage Ratio stood at 51.16%.
(less than Rs. 1 Crore) 2,08,915 2,04,010 2.40%
1,53,639 1,48,039 3.78%  Retail Advances as percentage to total Advances
increased to 12.12% from 10.66% as on 31st
84,811 75,539 12.27% March,2015.

Term Deposits 71,413 79,106 -9.72%  Priority Sector Advances as percentage to ANBC stood
(Rs. 1 Crore & above) at 41.05%.

and Certificate of  The average Liquidity Coverage Ratio (LCR) of the Bank
Deposits for FY 2015-16 is 83.19% which is above the RBI's

Priority Sector Advances 62,255 57,113 9.00% regulatory requirement of 70%.

RAM (Retail, Agriculture 70,897 66,972 5.86%  The Leverage Ratio of the Bank as on 31.03.2016 was
& MSME) Advances 5.86% against the minimum requirement of 4.50% as
15,786 17.94% per draft guidelines of RBI.
Retail Advances 18,618 10,493 21.05%
 Capital Adequacy of the Bank under BASEL III: 11.76%
Housing Loan 12,702

 Net Interest Income (NII) (Tier I: 9.10%, Tier II: 2.66%).

o Increased sequentially by 3.39% to Rs. 1,353.69  Capital Planning

Crore during Q4 compared to Rs. 1,309.32 The Bank has raised Rs. 178.40 crore through

Croreduring Q3. preferential allotment of equity shares to LIC on

o Increased by 5.71% to Rs. 5,374.57 Crore during FY 30.03.2016 and Rs.300 Crore to Govt. of India on
2015-16 from Rs. 5,084.19 Crore during FY 2014-15. 06.05.2016.

 Cost of Deposits  During the Financial Year, Bank opened 100 Branches.

o Reduced sequentially by 23 bps to 6.87% during Q4 Total Delivery Channels of the Bank (as on 31.03.2016)

compared to 7.10% during Q3. stood at 4917 (2351 Branches and 2566 ATMs).

30 | 2016 | JUNE | BANKING FINANCE

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