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Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India was merged with Punjab National Bank , making the latter the second-largest public sector ...
The bank moved its headquarters from Bombay to London in 1845, and opened branches in Colombo (1843), Calcutta (1844), Shanghai (1845), Canton (1845), Singapore (1846), and Hong Kong (1846). [4] The bank acquired the failing Bank of Ceylon in 1850, and obtained a royal charter for the merged institution under the name Oriental Bank Corporation ...
Oriental Bank Corporation, a British imperial bank founded in India in 1842; Oriental Bank, which merged with Consolidated National Bank of New York in 1909 to form National Reserve Bank; OFG Bancorp, or Oriental Bank, a financial holding company in San Juan, Puerto Rico; Oriental Bank of Commerce, a former Indian public sector bank
How personal loan interest rates work. Lenders evaluate several factors to determine if you qualify for a low-interest personal loan, including your credit score, employment status and debt-to ...
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that United Bank and Oriental Bank of Commerce would be merged with Punjab National Bank.The proposed merger would make Punjab National Bank the second largest public sector bank in the country with assets of ₹ 17.95 lakh crore (US$210 billion) and 11,437 branches.
In 2018, OCB was recognized by the State Bank of Vietnam for successfully completing the implementation of Basel II. Basel II is an international set of standards for bank risk management. [20] [21] In January 2020, Aozora Bank of Japan purchased a 15% stake in OCB. [22] In 2021, OCB was officially listed on the Ho Chi Minh City Stock Exchange ...
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