close
This ad will auto close in 10 seconds

Oriental Bank of Commerce cuts lending rate by 0.1%

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

OBC cuts short-term deposit rates on select maturities

OBC cuts short-term deposit rates on select maturities

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

OBC cuts fixed deposit rates by up to 0.5%

The bank has decided to revise the interest rate downward from existing 7.25 percent to 7 percent on term deposit with maturity period of 31-45 days, OBC said in a statement.

OBC cuts lending, deposit rates by up to 0.5%

State-owned Oriental Bank of Commerce (OBC) on Tuesday slashed base rate or minimum lending rate by a marginal 0.1 percent while fixed deposit rates on select maturities by up to 0.5 percent.