OBC

Oriental Bank says under central bank 'corrective action' over bad loans

Oriental Bank says under central bank 'corrective action' over bad loans

Oriental Bank is the seventh state-run lender to be put under a corrective action plan, which requires a bank to enact curbs on hiring, branch expansion and taking on new loans.

Oct 08, 2017, 10:37 AM IST
RBI begins 'corrective action' against OBC for high net NPA

RBI begins 'corrective action' against OBC for high net NPA

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

Oct 07, 2017, 19:36 PM IST
Oriental Bank of Commerce lowers base rate by 0.05% to 9.45%

Oriental Bank of Commerce lowers base rate by 0.05% to 9.45%

"This is to inform that the bank has revised the base rate from 9.50 per cent per annum to 9.45 per cent per annum with effect from 03.10.2017," Oriental Bank of Commerce said in a regulatory filing.

Sep 29, 2017, 14:03 PM IST
Oriental Bank of Commerce cuts MCLR by 0.05% for select tenors

Oriental Bank of Commerce cuts MCLR by 0.05% for select tenors

The bank said the change of MCLR will come into effect from September 11.

Sep 08, 2017, 19:48 PM IST
Ambit of OBC 'creamy layer' extended to PSUs, financial institutions

Ambit of OBC 'creamy layer' extended to PSUs, financial institutions

Union Cabinet on Wednesday decided to extend the concept of creamy layer in OBC reservations to PSUs and financial institutions.

Aug 30, 2017, 19:27 PM IST
Uttar Pradesh CM Yogi Adityanath deems raising OBC creamy layer bar as a welcome move

Uttar Pradesh CM Yogi Adityanath deems raising OBC creamy layer bar as a welcome move

The Union Cabinet on Wednesday increased the creamy layer ceiling for the Other Backward Classes (OBC) category to Rs 8 lakh per annum from the existing six lakh for central government jobs.

Aug 24, 2017, 14:00 PM IST
Decision to raise OBC 'creamy layer' income cap will give more power to poor: Ram Vilas Paswan

Decision to raise OBC 'creamy layer' income cap will give more power to poor: Ram Vilas Paswan

Centre on Wednesday raised the 'creamy layer' income cap in the OBC category.

Aug 24, 2017, 01:12 AM IST
Govt raises 'creamy layer' income cap among OBCs to Rs 8 lakh per annum

Govt raises 'creamy layer' income cap among OBCs to Rs 8 lakh per annum

Arun Jaitley said on Wednesday that OBC families earning up to Rs 8 lakh per annum will not be considered in the creamy layer.

Aug 23, 2017, 18:56 PM IST

OBC plans to raise Rs 1,000 crore via Basel-III bonds

Public sector lender Oriental Bank of Commerce on Tuesday said it will raise up to Rs 1,000 crore by issuing Basel III compliant bonds on private placement basis.

Aug 22, 2017, 18:09 PM IST

Rajasthan government to raise OBC quota to give reservation to Gujjars

The government has assured the Gujjar leaders that the OBC quota will be split after increasing it to 26 per cent to grant them 5 per cent reservation.

 

Aug 18, 2017, 16:22 PM IST
Kerala introduces bill in Assembly to regulate private medical colleges

Kerala introduces bill in Assembly to regulate private medical colleges

A bill to regulate the admissions and fee structure for private medical colleges in Kerala has been introduced in the state assembly on Monday.

Aug 08, 2017, 17:45 PM IST
Yogi Adityanath government preparing strategy to strengthen OBC, SC categories for UP's development

Yogi Adityanath government preparing strategy to strengthen OBC, SC categories for UP's development

The Yogi Aditynath-led government is in the process of preparing two new categories for the state development, first to bring the neglected castes forward in the Other Backward Class (OBC) and Scheduled Caste (SC) category and second to forgive debt of Rs. One lakh to Hindu farmers.

May 01, 2017, 11:38 AM IST

Bill on setting up commission for OBC to be tabled in Lok Sabha next week

A Bill on setting up a new commission for OBCs with constitutional status will be tabled next week in the Lok Sabha.

Apr 01, 2017, 19:29 PM IST

Opposition protests alleged move to disband OBC commission

Opposition parties led by the Samajwadi Party on Friday forced a brief adjournment of proceedings in the Rajya Sabha alleging a move to disband the OBC Commission, a charge vehemently denied by the government.

Mar 24, 2017, 13:11 PM IST
Modi govt gives nod to new commission for socially, educationally backward; NCBC dissolved

Modi govt gives nod to new commission for socially, educationally backward; NCBC dissolved

Bill to provide constitutional status to NSEBC will be introduced in Parliament.

Mar 23, 2017, 18:35 PM IST
Government to hire 980 officers through civil services exams, lowest in 5 years

Government to hire 980 officers through civil services exams, lowest in 5 years

The government will hire 980 officers to fill up vacancies in the prestigious IAS, IFS and IPS through civil services exam 2017, the lowest in the past five years.

Feb 26, 2017, 09:56 AM IST

OBC's business figure crosses Rs 3.59 lakh cr: Official

The total business figure of Oriental Bank of Commerce (OBC) has crossed Rs 3.59 lakh crore while the total bank deposits stood at Rs 2.10 lakh crores, as on December 31, 2016, a senior company official said on Sunday.

Feb 19, 2017, 22:20 PM IST
Government approves inclusion of 15 new castes in Central OBC list

Government approves inclusion of 15 new castes in Central OBC list

The Government today approved inclusion of 15 new castes and modification in 13 other castes in the Central list of Other Backward Classes (OBCs).

Nov 30, 2016, 22:04 PM IST

Gujarat High Court rejects quota for higher castes in the state

The Gujarat High Court on Thursday rejected the government's decision to provide for 10 per cent quota to the economically weaker sections among the higher castes.

Aug 04, 2016, 13:15 PM IST
Hardik Patel to relaunch quota agitation in August

Hardik Patel to relaunch quota agitation in August

"Our agitation for reservations to the Patidar community in government jobs and educational institutions will continue in a peaceful manner," Patel said.

Jul 29, 2016, 21:07 PM IST