Om Development Bank earns Rs 29.89 crore
Om Development Bank Limited has earned an operating profit of Rs 29.89 crore by collecting Rs 12.98 crore as deposit and disbursing loans of Rs 11.34 arba in the 2nd quarter of the current fiscal year 2073/74. The bank’s credit to deposit ratio stands at 77.67% whereas liquidity ratio stands at 23.13%, said a press release issued by the bank.
The bank has posted a net profit of Rs 19.20 crore in the second quarter. The bank has signed MOU with Manaslu Bikas Bank for merger, and also received approval for ASBA system from SEBON.
