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State-Owned Banks To Raise Rs 58,000 Crore From Capital Market In FY18
PSU banks requires capital for meeting Basel-III norms and cleaning of balance sheet as non-performing assets (NPAs) have reached unacceptably high levels.
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OBC, United Bank Of India Cut Lending Rates By Up To 0.15%
The OBC has reduced marginal cost of funds based lending rate (MCLR) by up to 0.15 per cent.
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Procedures Violated In Laptop Purchases At Delhi University: Government
A fact-finding committee constituted by UGC had established violation of procedures while approving purchase of laptops by diverting OBC funds which were meant for newly-appointed staff position at the Delhi University (DU), government said on Thursday.
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Politicians Unite Against Delhi University's Vice-Chancellor Dinesh Singh
Dinesh Singh, the Vice Chancellor or top administrator of Delhi University, has a long list of clashes with politicians and the government to show for his nearly-complete five-year tenure. The latest has parliamentarians accusing him of diverting funds meant for OBC students.
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Nifty Edges Lower After Hitting a New High, PSU Banks Drag
Shares in Dena bank and Oriental Bank of Commerce (OBC) fell as low as 5 per cent on reports that Mumbai-based branches of these banks have misappropriated funds to the tune of Rs. 436 crore.
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Dena Bank, OBC Fall on Reports of FD Scam
Shares in Dena bank and Oriental Bank of Commerce (OBC) fell as low as 5 per cent on Wednesday on reports that Mumbai-based branches of these banks have misappropriated funds to the tune of Rs 436 crore.
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OBC seeks Rs 1,600-crore capital support from government
Earlier, the bank had received a capital support of Rs 1,740 crore as part of recapitalisation package in March 2011. The fund was raised through preferential allotment of about 4 crore equity shares of Rs 10 each for cash at an issue price of Rs 422.11 per unit.
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*OBC placed Rs 8 bln worth of CDs with banks, mutual funds Mon
MUMBAI, SEPTEMBER 26Phone: +91 (22) 66866010. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.
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*OBC places Rs 10 bln CD with banks and mutual funds
MUMBAI, SEPTEMBER 12Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.
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OBC gets Rs 1,739.99 crore fund infusion from govt
State-owned Oriental Bank of Commerce (OBC) on Wednesday said it has allotted 4.12 crore shares to the government of India on a preferential basis in return for a Rs 1,739.99 crore fund infusion. As a result, the government of India's holding has increased to 58 per cent from 51.09 per cent, OBC said in a statement. Shareholders of the...
-
State-Owned Banks To Raise Rs 58,000 Crore From Capital Market In FY18
PSU banks requires capital for meeting Basel-III norms and cleaning of balance sheet as non-performing assets (NPAs) have reached unacceptably high levels.
-
OBC, United Bank Of India Cut Lending Rates By Up To 0.15%
The OBC has reduced marginal cost of funds based lending rate (MCLR) by up to 0.15 per cent.
-
Procedures Violated In Laptop Purchases At Delhi University: Government
A fact-finding committee constituted by UGC had established violation of procedures while approving purchase of laptops by diverting OBC funds which were meant for newly-appointed staff position at the Delhi University (DU), government said on Thursday.
-
Politicians Unite Against Delhi University's Vice-Chancellor Dinesh Singh
Dinesh Singh, the Vice Chancellor or top administrator of Delhi University, has a long list of clashes with politicians and the government to show for his nearly-complete five-year tenure. The latest has parliamentarians accusing him of diverting funds meant for OBC students.
-
Nifty Edges Lower After Hitting a New High, PSU Banks Drag
Shares in Dena bank and Oriental Bank of Commerce (OBC) fell as low as 5 per cent on reports that Mumbai-based branches of these banks have misappropriated funds to the tune of Rs. 436 crore.
-
Dena Bank, OBC Fall on Reports of FD Scam
Shares in Dena bank and Oriental Bank of Commerce (OBC) fell as low as 5 per cent on Wednesday on reports that Mumbai-based branches of these banks have misappropriated funds to the tune of Rs 436 crore.
-
OBC seeks Rs 1,600-crore capital support from government
Earlier, the bank had received a capital support of Rs 1,740 crore as part of recapitalisation package in March 2011. The fund was raised through preferential allotment of about 4 crore equity shares of Rs 10 each for cash at an issue price of Rs 422.11 per unit.
-
*OBC placed Rs 8 bln worth of CDs with banks, mutual funds Mon
MUMBAI, SEPTEMBER 26Phone: +91 (22) 66866010. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.
-
*OBC places Rs 10 bln CD with banks and mutual funds
MUMBAI, SEPTEMBER 12Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.
-
OBC gets Rs 1,739.99 crore fund infusion from govt
State-owned Oriental Bank of Commerce (OBC) on Wednesday said it has allotted 4.12 crore shares to the government of India on a preferential basis in return for a Rs 1,739.99 crore fund infusion. As a result, the government of India's holding has increased to 58 per cent from 51.09 per cent, OBC said in a statement. Shareholders of the...
