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Oriental Bank of Commerce News
Oriental Bank of Commerce
These 4 banks face investors' backlash as govt plans merger; Is consolidation really a solution?
Mon, Jun 04, 2018
Lending has become such a fraught exercise, that each quarter PSBs have witnessed weak earnings, higher provisions and NPA.
With debt hitting Rs 2,244 cr mark, Moser Baer Solar assets put on block
Wed, Apr 25, 2018
The resolution professional for Moser Baer Solar has invited bids for assets of the renewable energy company that owes Rs 2,244 crore to eight lenders as on March 8.
Simbhaoli shares jump 16% after company says committed to clear all dues
Tue, Feb 27, 2018
Shares of Simbhaoli Sugars surged over 16 per cent on Tuesday after the company said it is committed to clear its outstanding dues.
Simbhaoli Sugar plunges 20% after CBI registers case; OBC touches 52-week low
Mon, Feb 26, 2018
Since the Rs 11,400 crore PNB fraud case has come into light, the CBI has registered seven cases in last 10 days from other banks.
Delhi diamond exporter booked for Rs 389-cr OBC loan fraud
Sat, Feb 24, 2018
The CBI has booked Dwarka Das Seth International Pvt Ltd for the alleged fraud
CBI books Delhi diamond exporter for Rs 389 crore OBC loan fraud
Sat, Feb 24, 2018
After Nirav Modi and Mehul Choksi, the CBI has booked Delhi-based diamond jewellery exporter, Dwarka Das Seth International Pvt Ltd, for the alleged bank loan fraud.
Know more about Vikram Kothari and his modus operandi
Tue, Feb 20, 2018
Just after PNB reported around Rs 11,300 crore fraudulent transactions by diamond tycoon Nirav Modi, another scam of more than Rs 800 crore by Rotomac MD Vikram Kothari has been unraveled.
RBI to resolve bad loans of nearly 1,500 accounts with PSBs
Mon, Jan 08, 2018
As of September 2017, PSBs' gross non-performing assets (GNPA) stood at Rs 7.34 lakh crore.
Syndicate bank, BOI,OBC,BOB were buzzing bank stocks today
Wed, May 31, 2017
Antim Bazi : This segment of Zee Business brings to you discussion over the current situation of the market. Experts here also analysis the figures of different stocks.
PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India
Sat, May 06, 2017
In a major restructuring of PSU banks, the government on Saturday has appointed heads of seven public sector unit (PSU) banks and carried out rejigs at Punjab National Bank (PNB) and Bank of India (BOI).
Oriental Bank business figure crosses Rs 3.59 lakh crore: Official
Sun, Feb 19, 2017
"The bank has crossed total business figures of Rs 3.59 lakh crore with total deposits being Rs 2.10 lakh crores as on December 31, 2016," Deputy General Head and Cluster Monitoring Office Head of OBC, Dinesh Kumar Vishnoi told PTI here on the sidelines of 75th anniversary celebrations of the bank.
Oriental Bank of Commerce's net loss narrowed to Rs 130 crore in Q3
Sat, Feb 04, 2017
Oriental Bank of Commerce reported net loss of Rs 130.01 crore in its third quarter ended December 31, 2016, which has narrowed compared to net loss of Rs 424.69 crore in the similar period of the previous year.
Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days
Mon, Jan 09, 2017
The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.
Kotak Mahindra Bank cuts down base rate by 10 bps
Fri, Oct 07, 2016
Following recent base rate cut moves by ICICI Bank and Bank of India (BOI), Kotak Mahindra Bank has now revised its base rate downward by 10 basis points to 9.40% per annum on Thursday.