Sunday, Oct 02, 2022 | Last Update : 04:57 AM IST

oriental bank of commerce

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore

16 Feb 2021 10:42 PM

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM

PNB board to consider Rs 18,000-crore capital infusion this week

The board shall consider capital infusion up to Rs 18,000 crore in its meeting scheduled on September 5, 2019, PNB said.

02 Sep 2019 8:16 PM

Board to soon consider amalgamation with OBC, United Bank: PNB

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.

31 Aug 2019 2:14 PM

Punjab National Bank may take OBC, Andhra, Allahabad bank in fold

This could be the one of the first decisions to be taken by the new government after election results are announced on May 23.

22 May 2019 12:35 PM


Oriental Bank allots 13.89 cr shares to govt following capital infusion

The move follows capital infusion of Rs 1,186 crore by the government into the bank.

27 Mar 2019 5:13 PM

PNB, OBC, Andhra Bank next in line for merger

Govt studying amalgamation of three PSBs, say sources.

24 Sep 2018 3:17 PM

CBI to probe Rs 4cr bank sanction without collateral

The irregularities related to the disbursement of the credit limit occurred during 2014 to 2015, said a source.

23 Jul 2018 2:25 AM

Govt plans merger of four public sector banks to overcome losses

Asset quality of the bank worsened as gross non-performing assets or bad loans surged.

04 Jun 2018 2:09 PM

Oriental Bank of Commerce Q4 net loss widens to Rs 1,650 cr

Total income in the entire 2017-18 fiscal stood at Rs 20,181.25 crore, lower from Rs 21,187.85 crore.

12 May 2018 3:53 PM


CBI arrests directors of pvt firm

The other members of the consortium were State Bank of India, State Bank of Bikaner and Jaipur, and State Bank of Patiala.

16 Mar 2018 12:29 AM

CBI questions Reeta Seth of Dwarka Das Seth Co. in Rs 390 cr bank fraud

Sabhya Seth, believed to be brain behind the fraud, hasn't joined CBI investigation yet and Interpol has been approached to help trace him.

07 Mar 2018 3:34 PM

Bank fraud again: Amarinder Singh's son-in-law among 13 accused

The bank had complained to the CBI on November 17, 2017 but the agency registered the case only on February 22, 2018.

26 Feb 2018 11:32 AM

After Nirav Modi, another diamantere booked for Rs 389.85 cr fraud

The CBI has booked Dwarka Das Seth International Pvt Ltd for the alleged fraud towards Oriental Bank of Commerce.

24 Feb 2018 9:09 AM

OBC cuts MCLR by 0.05 per cent for select tenors

MCLR for overnight, and six-month lending have been kept unchanged at 8.10 per cent and 8.30 per cent.

09 Dec 2017 11:19 AM


RBI begins 'corrective action' against Oriental Bank of Commerce for bad loans

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

07 Oct 2017 8:02 PM

Oriental Bank of Commerce lowers base rate by 0.05 per cent

Bank has revised the base rate from 9.50 pc per annum to 9.45 pc per annum with effect from 03.10.2017.

29 Sep 2017 2:08 PM