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.

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.

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.

Govt splits Chairman & MD post, names chiefs for 4 PSU banks

Last Updated: Wednesday, December 31, 2014, 14:04

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.

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.

Canara HSBC Oriental launches Smart Monthly Income Plan

Last Updated: Tuesday, December 17, 2013, 15:33

Private insurer Canara HSBC Oriental Bank of Commerce Life Insurance Tuesday launched Smart Monthly Income Plan, a traditional participating product, designed to provide life cover and guaranteed extra income.

OBC raises fixed deposit rates by up to 0.5%

Last Updated: Friday, November 1, 2013, 20:39

Term deposit with maturity 91-179 days would earn 0.25 percent higher interest rate at 8.75 percent, OBC said in a statement.

SBI board approves Rs 2,000 crore capital infusion

Last Updated: Wednesday, October 30, 2013, 21:44

The board of the State Bank of India on Wednesday approved an infusion of Rs 2,000 crore from the government to raise its capital base.

OBC Q2 Net dips 16.8% to Rs 251 crore

Last Updated: Wednesday, October 30, 2013, 13:59

State-run Oriental bank of Commerce (OBC) on Wednesday reported a 16.80 percent decline in net profit at Rs 251.41 crore for the second quarter ended September 2013.