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Oriental Bank of Commerce to raise Rs 1,000 crore through bonds

28 Jun 2016 Evaluate

Oriental Bank of Commerce (OBC) is planning to  raise capital worth Rs 1,000 crore through Basel-III-compliant tier-II bonds. ICRA has granted ‘AA’ rating for the bonds.

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

Peers
Company Name CMP
State Bank Of India 954.00
PNB 109.90
Bank Of Baroda 231.75
Canara Bank 118.50
Union Bank Of India 168.00
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