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.
