OBC cuts interest rates on select maturities by 0.25%

Last Updated: Monday, July 15, 2013, 15:32

The bank has slashed interest rates on maturities of 180- 269 days to 8 percent from 8.25 percent earlier.

Oriental Bank of Commerce cuts lending rate by 0.25%

Last Updated: Wednesday, July 10, 2013, 21:14

State-owned Oriental Bank of Commerce has announced a cut of 0.25 percent in minimum lending rate to 10 percent, joining the league of PSU banks which reduced base rate after nudging by finance minister.

Govt trying to dilute reservation policy: Sharad Yadav

Last Updated: Monday, July 8, 2013, 21:33

JD(U)`s Sharad Yadav hit out at Centre accusing it of trying to "dilute" reservation policy for OBC/ ST/SC and stop reservations in all faculty posts of medical and engineering colleges among others.

Bihar warms up to `Narendra Modi an OBC`

Last Updated: Thursday, June 27, 2013, 08:53

Thanks to an adamant JD(U) boss, Nitish Kumar, the “Narenda Modi-is-an-OBC” campaign has fired the imagination of the backward classes in Bihar.

OBC cuts fixed deposit rates by up to 1%

Last Updated: Thursday, May 16, 2013, 21:24

State-owned Oriental Bank of Commerce (OBC) Thursday slashed fixed deposit rates by up to 1 percent on select maturities.

Income limit of `creamy layer` hiked to Rs 6 lakh per annum

Last Updated: Thursday, May 16, 2013, 08:25

Central government on Thursday enhanced the ceiling for applying the `creamy layer` restriction on "socially advanced persons".

Cabinet may take up creamy layer criteria issue

Last Updated: Wednesday, May 15, 2013, 21:26

The Union Cabinet is expected to decide on Thursday on the revision of the criteria to distinguish the creamy layer from the Other Backward Caste (OBC) communities.

No picture of Sheila, Chauhan on loan forms: Lokayukta

Last Updated: Monday, May 6, 2013, 21:36

Delhi Lokayukta ordered no photograph of CM Sheila Dikshit and PWD Minister Raj Kumar Chauhan be carried on form offering loan at low rates to entrepreneurs from SC, ST, OBC and minority communities.

Jain community inclusion in OBC list to be considered: Gehlot

Last Updated: Tuesday, April 23, 2013, 22:41

Rajasthan Chief Minister Ashok Gehlot on Tuesday assured Jain community to consider their demand of including the community in Other Backward Class category.

Mayawati blames Congress for poor turning Naxalites

Last Updated: Sunday, February 10, 2013, 19:41

BSP supremo Mayawati on Sunday alleged that the "failure" of Congress to alleviate poverty and unemployment among the SCs, STs and OBCs has driven many to Naxalism.

Indian Bank, OBC, Citi cut lending rates by up to 0.3%

Last Updated: Monday, February 4, 2013, 22:06

"This is to inform that the bank has reduced base rate from 10.40 percent to 10.25 percent effective from February 25, 2013," OBC said in a statement.

Union Bank, PNB cut base rates by 0.25%; OBC ups deposit rates

Last Updated: Thursday, January 31, 2013, 22:12

Making home and auto loans cheaper, Punjab National Bank and Union Bank of India Thursday cut their minimum rates of lending or the base rates by 0.25 percent each to 10.25 percent, following the Reserve Bank cutting its key rates two days ago.