Friday, March 2, 2012

Oriental Bank of Commerce sees 19% loan growth

State-owned Oriental Bank of Commerce (OBC) expects a loan growth rate of 19% this fiscal. "As against the industry growth of the 16% we will be growing at 19% during the current fiscal," OBC's Chairman and Managing Director SL Bansal said. Bansal, who took charge of CMD today, said the bank expects business growth of 20% during the current fiscal.

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