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Company type | Public |
---|---|
Industry | |
Founded | 19 February 1943Lahore, British India | in
Founder | Rai Bahadur Sohan Lal |
Defunct | 1 April 2020 |
Fate | Merged with Punjab National Bank |
Successor | Punjab National Bank |
Headquarters | , India |
Area served | India |
Key people | Mukesh Kumar Jain (MD & CEO) |
Products | |
Revenue | ₹17,867.69 crore (US$2.1 billion) (2019) |
₹3,754 crore (US$450 million) (2019) | |
₹55.00 crore (US$6.6 million) (2019) | |
Total assets | ₹271,909.57 crore (US$33 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]