Oriental Bank of Commerce

Oriental Bank of Commerce (OBC) was a major Indian public sector bank. Established in 1943, it served a vast customer base across India, offering a comprehensive range of banking and financial services including personal banking, corporate banking, agricultural financing, and treasury operations. The bank had a significant presence in both urban and rural areas, playing a crucial role in the financial inclusion initiatives of the Indian government. OBC was known for its extensive network of branches and ATMs, providing convenient access to its services for a wide range of customers. However, it is important to note that Oriental Bank of Commerce was merged with Punjab National Bank (PNB) in 2020, and as such, no longer operates as an independent entity. Information provided here reflects its operations prior to the merger.

New Delhi, India

Prior to its merger with Punjab National Bank, Oriental Bank of Commerce employed a substantial number of people, with a large network of branches and offices across India. Exact employee figures prior to the merger are not readily available and require further specific research. Following the merger, its employees became part of Punjab National Bank.

About Us

- Oriental Bank of Commerce (OBC), established in 1943, served the northern regions of India and grew into a major public sector bank with a wide customer base and diverse financial services. - OBC's growth included strategic expansion, technological advancements, and a commitment to serving individual and corporate clients across various sectors, from small businesses and farmers to large corporations. - The bank significantly contributed to India's economic development through financial support and fostered a strong reputation based on customer service and responsible lending. - OBC's operations spanned various sectors, catering to the needs of a diverse clientele. - Following its merger with Punjab National Bank, OBC's legacy continues within the larger institution.

Vision

The bank's vision was to be a leading player in the Indian banking industry, renowned for its commitment to excellence, innovation, and customer satisfaction. It aimed to create a sustainable and profitable organization that played a significant role in the financial well-being of its customers and the overall development of the Indian economy.

Mission

The mission of Oriental Bank of Commerce, prior to its merger, was to provide comprehensive and reliable banking services to individuals and businesses across India, supporting economic growth and fostering financial inclusion. This included offering a wide array of products and services, accessible and convenient banking channels, and strong customer relationships built on trust and transparency.

Culture

- Oriental Bank of Commerce's culture prioritized customer focus, teamwork, and professional excellence. - The bank fostered integrity, ethical conduct, and continuous improvement within a supportive work environment. - Employee development and career advancement opportunities were key aspects of its culture. - While post-merger details are limited, these values likely formed the core of the bank's operational ethos.

Specialties & Industries

Oriental Bank of Commerce offered a wide array of banking servicesincluding retail bankingcorporate bankingagricultural financeand treasury operations. It had expertise in providing customized financial solutions to businesses of all sizesranging from small and medium enterprises (SMEs) to large corporations. Additionallythe bank had significant experience in serving rural communities and supporting agricultural development.Financial ServicesB2CB2BPublic CompanyEnterprise

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