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Oriental Bank of Commerce to raise Rs 3,000 crore through QIP

03 Jun 2019 Evaluate

Oriental Bank of Commerce has received approval to raise capital for an amount upto Rs 3,000 crore by way of issue of equity shares in the form of Qualified Institutional Placement (QIP) or such other mode as decided by the Board at an appropriate time depending upon market conditions. The Board of Directors of the Bank at its meeting held on June 01, 2019 has approved the same.

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.

Oriental Bank-Amalga Share Price

45.65 0.00 (0.00%)
20-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1095.60
PNB 110.15
Canara Bank 138.10
Bank Of Baroda 270.80
Union Bank Of India 168.70
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