Oriental Bank of Commerce is currently trading at Rs. 96.25, up by 1.95 points or 2.07% from its previous closing of Rs. 94.30 on the BSE.
The scrip opened at Rs. 94.15 and has touched a high and low of Rs. 97.60 and Rs. 93.05 respectively. So far 356424 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.70 on 16-Mar-2018 and a 52 week low of Rs. 58.10 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 97.60 and Rs. 83.20 respectively. The current market cap of the company is Rs. 13270.48 crore.
The promoters holding in the company stood at 77.23%, while Institutions and Non-Institutions held 16.71% and 6.06% respectively.
Reserve Bank of India (RBI) has imposed an aggregate penalty of Rs 2 crore on Oriental Bank of Commerce for non-compliance of RBI directives in respect of time bound implementation and strengthening of SWIFT related operational controls. The amount of penalty is not material considering the size of the Bank. The Bank has taken necessary preventive measures to avoid such recurrence in future.
Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, corporate/wholesale banking, retail banking and other banking business operations.
