| OBC seeks Rs 1,000 crore support from govt: CMD | 17-NOV-09 |
|
| Claiming that the Oriental Bank of Commerce (OBC) was in its expansion mode and would open at least 200 new branches every year in the next three fiscals, Chairman-cum-Managing Director of the Bank T Y Prabhu said the bank had sought capital support of Rs 1,000 crore from the government to implement its expansion plan. |
|
|
|
|
|
|
| Canara HSBC plans group insurance foray in FY11 | 10-NOV-09 |
|
| Canara HSBC Life Insurance is planning to foray into group insurance by the beginning of the next financial year. It is also working on products for high net worth individuals and the rural market and to bring volumes in a bid to double its premium income to Rs 1,000 crore by the end of the year. |
|
|
|
| No change in key rates expected, CRR may be hiked: Banks | 27-OCT-09 |
|
| The Reserve Bank of India (RBI) may leave the policy rates untouched when it reviews the monetary policy on Tuesday, HSBC India CEO Naina Lal Kidwai said on Monday. TY Prabhu, chairman of the Oriental Bank of Commerce (OBC), seconded her views. The bankers, however, agreed there might be a small increase in the cash reserve ratio (CRR) as the system was flushed with funds. |
|
|
|
| OBC Q2 net up 14% at Rs 271 cr | 26-OCT-09 |
|
| Oriental Bank of Commerce (OBC) recorded a 14.31 per cent increase in net profit to Rs 270.80 crore during the second quarter of the financial year as against Rs 236.8 crore in the corresponding quarter last year. |
|
|
|
|
|
|
|
|
|
| 'Emphasis on Casa means better margins for the bank' | 06-OCT-09 |
|
| Tekkar Yashwanth Prabhu, who took charge chairman and managing director of Oriental Bank of Commerce (OBC) in late August, has been quick to adjust to the new surroundings. In his first interview after taking charge, Prabhu tells Manojit Saha that he now understands that the bank needs to improve the share of low-cost deposits and increase its branch presence. |
|
|
|
| OBC to open over 100 new branches by fiscal-end | 05-OCT-09 |
|
| Addressing media after inaugurating an existing branch office in a new premise, T Y Prabhu, Chairman and Managing Director of the bank it was also planned to augment its headcount from 16,615 by recruiting additional 1800 personnel within a short period. |
|
|
|
| Punjab banks to set up training centres | 04-SEP-09 |
|
| Public sector banks in Punjab are gearing up to set up Rural Self Employment Training Institute (RSETI) under the guidelines of the Union Ministry of Rural Development. |
|
|
|
|
|
|
|
|
|
| Yes Bank, ING Vysya post healthy profits, OBC lags | 22-JUL-09 |
|
| Despite a rise in non-performing assets (NPAs), two private sector lenders – Yes Bank and ING Vysya – managed to report a healthy growth in profits during the first quarter of FY10, while a decrease in non-tax provisions helped Oriental Bank of Commerce register a 16.73 per cent rise in net profit. |
|
|
|
| OBC June qtr net profit up 17% at Rs 257 cr | 21-JUL-09 |
|
| Public sector Oriental Bank of Commerce (OBC)today said its net profit rose by 16.72 per cent at Rs 257.41 crore for the quarter ended June 30, 2009, over the same period last year. |
|
|
|
| OBC eyes biz of Rs 2 lakh crore | 27-JUN-09 |
|
| Public sector Oriental Bank of Commerce plans to open 113 branches across Tier-II and Tier-III cities in the current financial year and scale up its total business size to Rs 2,00,000-crore by 2009-10 end. |
|
|
|
Content Guide
