SBI Card to have more co-branding with other banks
SBI Card, a subsidiary of State Bank of India, would go for co-branding of credit cards with more other banks which do not have big back-office support, an official said.
Jul 07, 2016, 16:00 PM IST
OBC savings account holders to earn interest on monthly basis
A month after RBI's advisory to banks on crediting interest at a shorter interval, state-owned Oriental Bank of Commerce (OBC) on Friday said it has started doing that on monthly basis for savings account holders.
Apr 08, 2016, 18:59 PM IST
OBC cuts interest rates across maturities
Public sector lender Oriental Bank of Commerce is set to cut interest rates for deposits less than Rs. one crore across maturities in a range of 0.25 to 0.5 percent with effect from March 28.
Mar 26, 2016, 17:15 PM IST
Govt to fill vacant post of chairman in 9 PSBs soon
A senior Finance Ministry official told PTI that the process to fill vacancies of non-executive chairman in nine state-run banks is underway.
Mar 25, 2016, 18:45 PM IST
OBC cuts interest rates on deposits less than Rs 1 cr
For maturities from 31 days to 45 days, the bank has cut interest rate from 6 percent to 5.5 percent for deposits less than Rs 1 crore.
Mar 25, 2016, 17:56 PM IST
OBC's Rs 1,000 cr bonds issue to open tomorrow
The deemed date of allotment will be October 26, 2015.
Oct 20, 2015, 19:44 PM IST
Forex scam: Banks face SEBI scrutiny for disclosure lapses
As a multi-agency probe continues in the alleged forex-based black money case involving thousands of crores of rupees, capital markets regulator Sebi and stock exchanges have now begun a scrutiny of several banks for any violation of the disclosure norms for listed firms.
Oct 18, 2015, 15:02 PM IST
No financial loss to bank in money laundering case: OBC
Oriental Bank of Commerce on Friday said it has not suffered any financial loss with regard to the alleged Rs 557 crore money laundering case reported by Enforcement Directorate.
Oct 16, 2015, 17:08 PM IST
Black money transferred to Hong Kong through Oriental Bank of Commerce
Black money has been transferred to Hong Kong from Oriental Bank of Commerce.
Oct 15, 2015, 16:16 PM IST
After BoB, now Oriental Bank of Commerce involved in black money transfer
As per Zee Media sources, OBC transferred Rs 500 crore through its accounts to Hong kong.
Oct 15, 2015, 16:10 PM IST
State lenders PNB, BoB, OBC cut base rate by up to 0.40%
State-run lenders Punjab National Bank, Bank of Baroda and Oriental Bank of Commerce have trimmed their base or minimum lending rates by up to 0.40 percent in response to RBI's policy rate cut.
Sep 30, 2015, 18:32 PM IST
Oriental Bank of Commerce cuts lending rate by 0.1%
The bank has reduced base rate to 9.90 percent from 10 percent.
Aug 14, 2015, 15:52 PM IST
OBC net plummets 29% at Rs 257.84 crore
The bank reported a net profit of Rs 364.54 crore in the corresponding period of the previous fiscal, OBC said in a BSE filing on Thursday.
Jul 30, 2015, 12:59 PM IST
OBC cuts short-term deposit rates on select maturities
Oriental Bank of Commerce (OBC) has reduced interest on term deposits by 25 basis points on select maturities with effect from July 27.
Jul 25, 2015, 15:39 PM IST
Oriental Bank of Commerce posts Q4 net loss at 178 crore
Pulled down by higher provisioning, Oriental Bank of Commerce (OBC) on Thursday reported a net loss of Rs 178.44 crore in the March quarter of financial year 2015.
May 14, 2015, 13:55 PM IST
Oriental Bank raises Rs 500 cr via bonds
Oriental Bank of Commerce has raised Rs 500 crore through bonds that are compliant with the global capital adequacy norms, Basel III.
Feb 10, 2015, 21:37 PM IST
OBC shares slump nearly 11% on disappointing Q3 earnings
Shares of Oriental Bank of Commerce on Thursday slumped nearly 12 percent, eroding Rs 1,182 crore from its market valuation, after it reported a staggering 91.2 percent drop in profit for the quarter ended December 2014.
Jan 29, 2015, 20:21 PM IST
Govt splits Chairman & MD post, names chiefs for 4 PSU banks
In a departure from the past, the government on Wednesday split the post of Chairman and Managing Director for PSU banks and named MD-and-CEOs of four banks including United Bank and Oriental Bank of Commerce.
Dec 31, 2014, 14:04 PM IST
OBC cuts rates on select term deposits by 0.10%
The new rates, which is for term deposits less than Rs 1 crore, will come to effect from December 9, 2014, the bank said.
Dec 08, 2014, 21:45 PM IST
OBC cuts interest rate on home loan by 0.5%
State-owned Oriental Bank of Commerce (OBC) Wednesday cut home loan rate by 0.5 percent to 10.25 percent.
Sep 03, 2014, 20:44 PM IST
