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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 ...
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
The Oriental Bank Corporation (Chinese: 東藩滙理銀行), or "OBC", was a British imperial bank founded in India in 1842 which grew to be prominent throughout the Far East. As an Exchange bank, the OBC was primarily concerned with the finance of trade and exchanges of different currencies. [ 1 ]
He also served in other banks such as Punjab National Bank and Oriental Bank of Commerce. [6] After the amalgamation of Oriental Bank of Commerce into Punjab National Bank, Karnatak headed the credit monitoring division and the corporate credit division in Punjab National Bank. [6] [7] Karnatak has served in various non-executive roles as well.
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India would be merged with Punjab National Bank. The proposed merger would make Punjab National Bank [20] the second largest public sector bank in the country with assets of ₹ 17.95 lakh crore (US$210 billion) and 11,437 ...
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.
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