Oriental Bank of Commerce

Oriental Bank of Commerce
Company type	Public
Traded as	BSE: 500315; NSE: ORIENTBANK;
Industry	Banking; Financial services;
Founded	19 February 1943 in Lahore, British India
Founder	Rai Bahadur Sohan Lal
Defunct	1 April 2020
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$2.1 billion) (2019)
Operating income	₹3,754 crore (US$450 million) (2019)
Net income	₹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;

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.

[1] Agarwal, Amol (1 September 2017). "How banks migrated during Partition". Livemint. Retrieved 31 October 2021.

[2] "Board of Directors".

[Annual_Report_2018–19-3] "Annual Report of Oriental Bank of Commerce" (PDF).

[4] "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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Oriental Bank of Commerce

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