oriental bank of commerce

Plans unveiled for hassle-free travel to Ghaziabad


March 30th, 2012 - 12:22 am ICT by IANS
Ghaziabad, March 29 (IANS) Three underpasses and three foot overbridges would be constructed at major intersections on National Highway-24, the artery connecting trans Hindon areas with Ghaziabad and Noida, to ... Read more...

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Corruption major roadblock in India’s development: Court


March 23rd, 2012 - 10:10 pm ICT by IANS
New Delhi, March 23 (IANS) A Delhi court Friday observed while punishing six persons, including a bank manager, that corruption was a major roadblock in India's development.The Central Bureau of ... Read more...

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Public sector banks will get adequate capital: Pranab (Lead)


February 19th, 2012 - 9:28 pm ICT by IANS
Gurgaon, Feb 19 (IANS) The Indian government will provide adequate capital to all the public sector banks to help them face risks arising out the global economic uncertainties, Finance ... Read more...

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Banks should not get complacent: Pranab


February 19th, 2012 - 7:34 pm ICT by IANS
Gurgaon, Feb 19 (IANS) Indian banks had shown resilence during the global economic crisis but there was no room for complacency as the environment remained uncertain, Finance Minister Pranab ... Read more...

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RBI moves against fake currency deposit


February 15th, 2012 - 9:08 pm ICT by IANS
Lucknow, Feb 15 (IANS) The Reserve Bank of India (RBI) Wednesday filed an FIR against nine banks in Lucknow on charges of depositing counterfeit currency to its vault here.Shalini ... Read more...

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Jagan’s aide remanded in CBI custody till Jan 9


January 4th, 2012 - 6:41 pm ICT by IANS
Hyderabad, Jan 4 (IANS) A special court here Wednesday remanded Y.S. Jaganmohan Reddy's aide, Vijay Sai Reddy, in the Central Bureau of Investigation (CBI) custody till Jan 9 in ... Read more...

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Jagan’s aide Vijay Sai Reddy sent to judicial custody (Lead)


January 3rd, 2012 - 6:18 pm ICT by IANS
Hyderabad, Jan 3 (IANS) A special court here Tuesday sent YSR Congress Party chief Y.S. Jaganmohan Reddy's close aide Vijay Sai Reddy to judicial custody for two weeks in a ... Read more...

Posted in Politics |

Jagan’s aide Vijay Sai Reddy to be produced in court Tuesday


January 3rd, 2012 - 11:12 am ICT by IANS
Hyderabad, Jan 3 (IANS) Vijay Sai Reddy, who has been arrested by the Central Bureau of Investigation (CBI) in an illegal assets case against YSR Congress party chief Y.S. Jaganmohan ... Read more...

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Chandigarh immigration firm under police scanner


August 21st, 2011 - 11:55 am ICT by IANS
Chandigarh, Aug 21 (IANS) In one of the biggest immigration rackets that has surfaced in this city, the ways adopted by multi-million-rupee immigration firm Healthyway Immigration are now under the ... Read more...

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PNB, Allahabad Bank hike lending, deposit rates


July 29th, 2011 - 8:58 pm ICT by IANS
Mumbai, July 29 (IANS) Public sector lenders Punjab National Bank, Allahabad Bank and Oriental Bank of Commerce said Friday they will hike lending and deposit rates by up to 75 ... Read more...

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PNB to finalise life insurance joint venture


July 7th, 2011 - 12:27 am ICT by IANS
Chennai, July 6 (IANS) Public sector Punjab National Bank (PNB) is likely to firm up its life insurance foray by this September, said a top official here Wednesday."We are ... Read more...

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Oriental Bank to increase lending to SMEs


April 20th, 2011 - 4:50 pm ICT by IANS
New Delhi, April 20 (IANS) The Oriental Bank of Commerce will increase lending to small and medium enterprises (SMEs) with a view to boosting manufacturing growth in the country, the ... Read more...

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District magistrate has to help secured creditor, rules court


October 26th, 2010 - 8:55 pm ICT by IANS
Gandhinagar, Oct 26 (IANS) A chief metropolitan magistrate or a district magistrate cannot deny a secured creditor assistance in taking possession of a secured asset, the Gujarat High Court has ruled. ... Read more...

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CVC recommends major penalty proceedings against 96 officials


September 14th, 2010 - 8:37 pm ICT by ANI
New Delhi, Sep.14 (ANI): The Central Vigilance Commission has recommended major penalty proceedings against 96 officers, as it disposed of 1387 cases during July 2010 referred to it for advice."Of ... Read more...

Posted in National |

Oriental Bank of Commerce Q4 net rises 75 percent


April 29th, 2010 - 4:09 pm ICT by IANS
New Delhi, April 29 (IANS) The Oriental Bank of Commerce Thursday said its net profit rose 75.33 percent to Rs.317.04 crore in the fourth (January-March) quarter ended March 31, compared to Rs.180.82 ... Read more...

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Oriental Bank to recruit 1,600 people in 2010-11


April 16th, 2010 - 6:13 pm ICT by IANS
New Delhi, April 16 (IANS) The Oriental Bank of Commerce will recruit 1,600 people, including 373 special officers, during the 2010-11 financial year, the state-run lender's chairman and managing director T.Y. Prabhu ... Read more...

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Canara HSBC Oriental Life to infuse Rs.300 crore


April 13th, 2010 - 3:52 pm ICT by IANS
Chennai, April 13 (IANS) The Canara HSBC Oriental Bank of Commerce Life Insurance Company has decided to infuse Rs.300 crore this fiscal for operational expansion. Post-infusion, the company's equity will shoot up to ... Read more...

Posted in Business |

Masked goons loot Rs.13 lakh from Indore bank


January 4th, 2010 - 8:04 pm ICT by IANS
Indore, Jan 4 (IANS) At least half-a-dozen men wearing masks barged into the Indore branch of Oriental Bank of Commerce Monday and looted more than Rs.13 lakh, police said. The hiest took ... Read more...

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Woman robbed of Rs.40,000 in Delhi Metro


November 25th, 2009 - 10:30 pm ICT by IANS
New Delhi, Nov 25 (IANS) A woman bank employee was allegedly robbed of Rs.40,000 while travelling in a Delhi Metro train on the Dwarka-Noida line, police said Wednesday. The police said Madhu, employed ... Read more...

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Canara HSBC simplifies death claims payment


October 20th, 2009 - 10:05 pm ICT by IANS
Chennai, Oct 20 (IANS) Private life insurer Canara HSBC Oriental Bank of Commerce Life Insurance Tuesday announced that it would pay the fund value of its unit-linked insurance policies (ULIP) immediately on ... Read more...

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Armed men loot Rs.1.24 mn in Delhi


August 1st, 2009 - 5:30 pm ICT by IANS
New Delhi, Aug 1 (IANS) Three armed men Saturday looted Rs.1.24 million from a hospital employee on his way to a bank here, police said. M.L. Raut, an employee of Batra hospital in ... Read more...

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Paying bank loan doesn’t absolve one of fraud: apex court


April 11th, 2009 - 11:29 am ICT by IANS
By Rana Ajit New Delhi, April 11 (IANS) The Supreme Court has ruled that a person accused of having availed a bank loan through cheating, forgery or criminal conspiracy with bank officials would ... Read more...

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Bank robbery bid foiled in Delhi


February 13th, 2009 - 2:22 pm ICT by IANS
New Delhi, Feb 13 (IANS) A bank robbery bid was foiled Friday following a timely alert sounded by the bank officials in the capital. However, the robbers managed to escape after firing ... Read more...

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Two employees of private firm shot at, robbed in Noida


December 24th, 2008 - 11:28 pm ICT by IANS
Noida Dec 24 (IANS) Two employees of a private company were shot at and robbed of Rs.300,000 by unidentified assailants here Wednesday, the police said."Rajendra and Mahesh, employees of a private logistics ... Read more...

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Life insurance products sales fall 38 percent in October


December 8th, 2008 - 6:35 pm ICT by IANS
Chennai, Dec 8 (IANS) After growing at breakneck speed for the past several years, the Indian life insurance sector has hit the speed breaker with the industry witnessing a premium fall of ... Read more...

Posted in Business |

Bank in Meerut robbed of Rs.2 mn


November 6th, 2008 - 9:12 pm ICT by IANS
Meerut (Uttar Pradesh), Nov 6 (IANS) Four unidentified criminals Thursday afternoon robbed nearly Rs.two million from a branch of Oriental Bank of Commerce in a Meerut suburb of Uttar Pradesh, police said.Deputy ... Read more...

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State Bank, most state-owned banks cut lending rates (Roundup)


November 6th, 2008 - 8:56 pm ICT by IANS
Mumbai, Nov 6 (IANS) The cost of credit for households and the corporate sector is all set to fall as most state-owned banks led by India's largest lender, the State Bank of ... Read more...

Posted in Business |

Delhi welcomes Durga in Yakshagana style


September 30th, 2008 - 8:55 pm ICT by ANI
New Delhi, Sep.30 (ANI): Delhi ushered in Navratras in Yakshagana style with Goddess Durga killing demon Mahishasura. The play was performed at the Swami Malai temple in Ramakrishnapuram by Thenku Thittu ... Read more...

Posted in National |

Uttar Pradesh fake currency cases up to 81, two more held


September 28th, 2008 - 8:00 pm ICT by IANS
Lucknow, Sep 28 (IANS) The number of fake currency cases in Uttar Pradesh so far this year rose to 81 with the arrest of two more people, who were found to possess ... Read more...

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Fake currency recovered from bank in Ghaziabad (Lead, changing dateline)


September 25th, 2008 - 8:55 pm ICT by IANS
Lucknow, Sep 25 (IANS) Yet another fake currency scam in Uttar Pradesh came to light Thursday, when a Reserve Bank of India (RBI) team recovered counterfeit notes with a nominal value of ... Read more...

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All employees of bank branch accused of fake currency racket


September 25th, 2008 - 4:45 pm ICT by IANS
Ghaziabad (Uttar Pradesh), Sep 25 (IANS) A criminal complaint was Thursday registered against all employees of an Oriental Bank of Commerce (OBC) branch in Ghaziabad town of Uttar Pradesh, where counterfeit currency ... Read more...

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Canara HSBC Life charts new path to quick profits


September 12th, 2008 - 5:45 pm ICT by IANS
Chennai, Sep 12 (IANS) Upbeat after earning Rs.374 million in just three months from only two insurance products with average premium of Rs.111,144 per policy, private life insurer Canara HSBC Oriental Bank ... Read more...

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Locals told robbers about cash in Gurgaon bank: police


July 3rd, 2008 - 6:49 pm ICT by IANS
Gurgaon, July 3 (IANS) A day after unidentified robbers decamped with Rs.10.4 million from a bank here, the Gurgaon police Thursday said the information about the cash was leaked to the burglars ... Read more...

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Rs.14.8 mn robbed from Gurgaon bank


July 2nd, 2008 - 11:39 pm ICT by IANS
Gurgaon, July 2 (IANS) Five armed men robbed Rs.14.8 million in cash from a bank in Delhi's suburb Gurgaon Wednesday afternoon. They herded at gunpoint the employees and customers into the strongroom ... Read more...

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Nationalised banks to offer education loan online


May 11th, 2008 - 10:15 pm ICT by admin
Chennai, May 11 (IANS) The nationalised banks of the country will soon provide online education loan facility, enabling students to apply for education loans this academic year. Announcing this after inaugurating the ... Read more...

Posted in Business |

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