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Oriental Bank of Commerce to raise Rs 178 crore from LIC

18 Apr 2016 Evaluate

Oriental Bank of Commerce (OBC), the state-owned bank has decided to raise Rs 178 crore by issuing shares to Life Insurance Corporation of India (LIC) on a preferential basis. The decision to issue over 2 crore shares to LIC was taken at the bank's extra-ordinary general meeting held on March 29, 2016.

Oriental bank of Commerce offers a wide range of services in the Personal Banking, NRI services, Loan, Deposit Schemes and Financial services etc.

Oriental Bank-Amalga Share Price

45.65 0.00 (0.00%)
20-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1091.80
PNB 109.15
Canara Bank 135.95
Bank Of Baroda 270.35
Union Bank Of India 167.25
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