What is the new name of Oriental Bank of Commerce?
Amalgamation. On 30 August 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India (UBI) would be merged with Punjab National Bank (PNB).
Is OBC bank private or government?
Oriental Bank of Commerce (OBC) is a Government of India undertaking that was incorporated in 1943. Back then, its business activities included monetary intermediation of commercial banks, saving banks and discount houses. In the year 1951, bank’s registered office was relocated to Delhi, from Lahore in Pakistan .
Has Oriental Bank of Commerce merged?
Oriental Bank of Commerce and United Bank of India have merged with Punjab National Bank (PNB). All customers of erstwhile OBC Bank are now migrated to CBS of PNB wherein they can transact seamlessly via existing branches and digital banking channels like internet banking and mobile banking.
Is OBC IFSC code changed?
IFSC codes of Oriental Bank of Commerce, United Bank of India, Syndicate Bank, Andhra Bank, Corporation Bank and Allahabad Bank will change soon. From this year (i.e., 2021), the IFSC codes and MICR codes of the amalgamating banks will be discontinued and the codes used by the anchor bank will replace them.
Is Oriental Bank of Commerce a Nationalised bank?
Oriental Bank of Commerce is an India-based bank established in Lahore. The bank was nationalised on 15 April 1980. At that time total working of the bank was INR483 crores having 19th position among the 20 nationalised banks.
How do I check my balance in Oriental Bank of Commerce?
Use the Oriental Bank of Commerce Balance Enquiry Number 08067205757 to find your account balance. You just need to give a missed call to this number. Your call will automatically get disconnected after short rings and you will receive an SMS within a few seconds providing your account balance.
Who is the owner of Oriental Bank of Commerce?
Mukesh Kumar Jain
Mukesh Kumar Jain. CEO/Managing Director, Oriental Bank of Commerce.
What happened to Oriental Bank of Commerce shares?
According to the mega consolidation plan, OBC and UBI will merge into PNB; Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank into Union Bank of India; and Allahabad Bank into Indian Bank.
What is the minimum balance in OBC bank?
Overview Oriental Bank Basic Savings Bank Deposit Account
| Bank | Oriental Bank of Commerce |
|---|---|
| Category | OBC Basic Savings Deposit Account |
| Initial Deposit Requirements | Rs.10 minimum |
| Minimum Average Balance Requirements (MAB) | Zero |
| Debit Card Offered | Yes, free. |
How can I check my Oriental Bank of Commerce balance through mobile?
OBC bank balance check my mobile number To know your account balance, you can also use the SMS banking facility provided by OBC. Type in “ACBAL <14 digit Account number>” and send to the SMS banking number of OBC 9915622622. Note that this service will be available only on the registered mobile numbers.
Is OBC is a Nationalised bank?
What is the full form of OBC bank?
Oriental Bank of Commerce (OBC) is one of the most popular public sector banks in India. It has its headquarters in Gurgaon, Haryana.