Oriental Bank of Commerce is likely to open 225 branches this year, of which, 175 will be in rural, semi-urban, and urban locations. The bank plans to introduce about 50 branches in financial inclusion villages, which will be opened if there is sufficient business volume.
Under the financial inclusion programme bank was allotted 569 villages with a population of over 2,000. Earlier year, the bank has opened 147 branches and it plans t to recruit 1,800 employees this year against recruitment of 2,675 employees last year.
The bank expects retirement of about 400 employees every year for next few years. The average age of employees in the bank is about 47 years, due to the new addition and also the merger of Global Trust Bank, which happened a few years ago.
Company Name | CMP |
---|---|
SBI | 830.10 |
Bank Of Baroda | 265.15 |
PNB | 129.40 |
Canara Bank | 118.00 |
Union Bank Of India | 160.20 |
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