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OBC Q4 net rises marginally to Rs 310 crore

Last Updated: Wednesday, April 30, 2014, 14:28

The state-owned bank's net profit stood at Rs 307.94 crore in the year-ago period.

Oriental Bank of Commerce to raise Rs 1,000 cr from bonds

Last Updated: Friday, February 28, 2014, 23:49

The bank intends to raise Tier II capital to the extent of Rs 1,000 crore through issue of Basel III compliant Tier II bonds on private placement basis, OBC said in a BSE filing.

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 01, 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.

PNB, OBC cut lending rate on car loans; SBI to follow suit

Last Updated: Tuesday, October 08, 2013, 21:01

Within days of government promising more funds to PSU banks, two leading state-owned lenders PNB and Oriental Bank of Commerce (OBC) Tuesday cut interest rate on auto and consumer durable loans by up to 2.50 percent to cash in on festive demand.

Bank manager commits suicide in Kanpur

Last Updated: Tuesday, September 03, 2013, 14:07

A manager at a government bank allegedly committed suicide in Kakadeo area, police said on Tuesday.

IDBI, OBC raise deposit rates by up to 1.50%

Last Updated: Wednesday, August 14, 2013, 21:33

State-run lenders IDBI Bank and Oriental Bank of Commerce Wednesday hiked deposit rates by up to 1.50 percent in select maturities.

OBC seeks Rs 1,600-cr capital support from government

Last Updated: Sunday, August 04, 2013, 16:05

State-run Oriental Bank of Commerce has sought Rs 1,600 crore from the government to enhance its capital base.

Oriental Bank of Commerce Q1 profit drops 10% to Rs 353 cr

Last Updated: Saturday, August 03, 2013, 16:43

Oriental Bank of Commerce (OBC) on Saturday reported a 9.7 percent decline in net profit to Rs 353.38 crore in the first quarter ended June 30 on account of higher provisioning.

OBC hikes fixed deposit rates by up to 0.75%

Last Updated: Wednesday, July 24, 2013, 20:24

State-owned Oriental Bank of Commerce (OBC) on Wednesday raised fixed deposit rates by up to 0.75 percent across select maturities on account of tight liquidity situation.