☑ About Oriental Bank of Commerce? Oriental Bank of Commerce (BSE: 532461 NSE: PNB) is a wholly owned subsidiary of Punjab National Bank. It is headquartered at Gurgaon, Haryana, had 2390 branches and 2625 ATMs across India. (1943–2020).On 1 April 2020, the bank along with United Bank of India has been merged with Punjab National Bank, making it as the second-largest public sector bank in India. Rai Bahadur Lala Sohan Lal the first Chairman of the Bank, founded OBC in 1943 in Lahore. Within four years of its coming into existence, OBC had to face Partition. The bank had to close down its branches in the newly formed Pakistan and shift its registered office from Lahore to Amritsar. Lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers.The Bank has witnessed many ups and downs since its establishment. The period of 1970–76 is said to be the most challenging phase in the history of the Bank. At one time, profit plummeted to ₹ 175; that prompted the owner of the bank, the Thapar Group, to sell / close the bank. Then employees and leaders of the Bank came forward to rescue the Bank. The owners were moved and had to change their decision of selling the bank and in turn, they decided to improve the position of the bank with the active cooperation and support of all the employees. Their efforts bore fruits and performance of the bank improved significantly. This was the turning point in the history of the bank.The bank was nationalised on 15 April 1980. At that time, OBC ranked 19th among the 20 nationalised banks. |
☑ Is Oriental Bank of Commerce private or government ? Oriental Bank of Commerce is government. |
☑ Is Oriental Bank of Commerce central or state government ? Oriental Bank of Commerce is central government. |
☑ What is short form of Oriental Bank of Commerce ? "OBC" is short form of Oriental Bank of Commerce. |
☑ What is Oriental Bank of Commerce Official Website ? Official Website - https://www.obcindia.co.in/ |
☑ Where is Oriental Bank of Commerce Head Office in India ? Head Office Address - 1st floor, Plot No.5, Sector - 32, Institutional Area, Gurugram, Haryana 122001 State - Haryana City - Gurugram Union Territory - |
☑ Oriental Bank of Commerce Contact Details ? Phone No - 0124 412 6194 Mobile No - |
☑ How to apply Oriental Bank of Commerce Jobs ? To apply Oriental Bank of Commerce go through official website. |
☑ What are the famous post in Oriental Bank of Commerce ? Manager, Multi Tasking Staff, PO, Massenger, Senior Assistant are the famous post in Oriental Bank of Commerce. |
☑ What is the selection process of Oriental Bank of Commerce ? The selection process of Oriental Bank of Commerce based on Written Exam/ Interview. |
☑ Who is the Parent organization of this Oriental Bank of Commerce ? Punjab National Bank is the Parent organization of this Oriental Bank of Commerce. |
