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.
| 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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