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Oriental Bank of Commerce
Company type
Public
Traded as
BSE: 500315
NSE: ORIENTBANK
Industry
Banking
Financial services
Founded
19 February 1943; 81 years ago (1943-02-19) in Lahore, British India
Founder
Rai Bahadur Sohan Lal
Defunct
1 April 2020 (2020-04-01)
Fate
Merged with Punjab National Bank
Successor
Punjab National Bank
Headquarters
Gurgaon
,
India
Area served
India
Key people
Mukesh Kumar Jain (MD & CEO)
Products
Asset management
Commercial banking
Consumer banking
Credit cards
Investment banking
Mortgages
Pensions
Private banking
Retail banking
Revenue
₹17,867.69 crore (US$2.2 billion) (2019)
Operating income
₹3,754 crore (US$470 million) (2019)
Net income
₹55.00 crore (US$6.9 million) (2019)
Total assets
₹271,909.57 crore (US$34 billion) (2019)
Number of employees
21,729 (March 2019)
Capital ratio
12.73% (2019)
Footnotes / references [1][2][3]
Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. 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 bank in India.[4]
^Agarwal, Amol (1 September 2017). "How banks migrated during Partition". Livemint. Retrieved 31 October 2021.
^"Board of Directors".
^"Annual Report of Oriental Bank of Commerce" (PDF).
^"All branches of Oriental Bank of Commerce, United Bank of India start functioning as PNB branches". Moneycontrol. Retrieved 2 April 2020.
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