Oriental Bank of Commerce cuts lending rate by 0.1%

Last Updated: Friday, August 14, 2015, 15:52

The bank has reduced base rate to 9.90 percent from 10 percent.

OBC net plummets 29% at Rs 257.84 crore

Last Updated: Thursday, July 30, 2015, 12:59

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.

OBC cuts short-term deposit rates on select maturities

Last Updated: Saturday, July 25, 2015, 15:39

Oriental Bank of Commerce (OBC) has reduced interest on term deposits by 25 basis points on select maturities with effect from July 27.

ED attaches properties of Gems Cables and Conductors

Last Updated: Friday, June 19, 2015, 19:51

"During investigation under PMLA, proceeds of the crime were identified in the form of movable and immovable properties. Totally, three immovable properties of value of around Rs 6.03 crore and one movable property of value of Rs 4.43 crore held by M/s Gem Cables and Conductors were attached," the release stated.

Canara HSBC OBC Life Insurance appoints Anuj Mathur as CEO

Last Updated: Wednesday, June 10, 2015, 16:54

The company is a joint venture between Canara Bank, Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings.

Oriental Bank of Commerce posts Q4 net loss at 178 crore

Last Updated: Thursday, May 14, 2015, 13:55

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.

Canara Bank, OBC cut lending rates by up to 0.25%

Last Updated: Friday, May 8, 2015, 21:13

Joining the rate-cut bandwagon, two state-owned lenders Canara Bank and Oriental Bank of Commerce on Friday cut base rates to 10 percent, which will lead to lower EMIs for their loan consumers.

RBI slaps Rs 4.5 crore penalty on Dena Bank, OBC, Bank of Maharashtra

Last Updated: Wednesday, April 29, 2015, 20:07

RBI on Wednesday slappeds Rs 4.5 crore penalty on Dena Bank, OBC and Bank of Maharashtra for violation of KYC norms.

Oriental Bank raises Rs 500 cr via bonds

Last Updated: Tuesday, February 10, 2015, 21:37

Oriental Bank of Commerce has raised Rs 500 crore through bonds that are compliant with the global capital adequacy norms, Basel III.

OBC shares slump nearly 11% on disappointing Q3 earnings

Last Updated: Thursday, January 29, 2015, 20:21

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.

OBC cuts rates on select term deposits by 0.10%

Last Updated: Monday, December 8, 2014, 21:45

The new rates, which is for term deposits less than Rs 1 crore, will come to effect from December 9, 2014, the bank said.

Welfare of OBCs top priority of Himachal Government: CM

Last Updated: Thursday, January 23, 2014, 17:16

Himachal Pradesh Chief Minister Virbhadra Singh on Monday said, to provide benefits of various welfare schemes to the maximum number of people belonging to OBC category, his government had increased the income limit of creamy layer from Rs 4.5 lakh to Rs 6 lakh per annum.