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OBC planning to raise up to Rs 3,571 crore via preferential allotment

07 Feb 2018 Evaluate

Oriental Bank of Commerce (OBC) is planning to raise an amount up to Rs 3571.00 crore by way of Preferential Allotment of equity shares to Government of India. The meeting of Board of Directors of the Bank is scheduled on February 09, 2018 to consider the same.

Oriental Bank of Commerce is an India-based bank established in Lahore, is one of the public sector banks in India. It offers wide range of products and services such as saving accounts, deposits, loans, mutual funds, insurance, internet banking, debit card, credit card, etc.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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