Oriental Bank of Commerce

Oriental Bank of Commerce
Company typePublic
Industry
Founded19 February 1943 (1943-02-19) in Lahore, British India
FounderRai Bahadur Sohan Lal
Defunct1 April 2020 (2020-04-01)
FateMerged with Punjab National Bank
SuccessorPunjab National Bank
Headquarters,
India
Area served
India
Key people
Mukesh Kumar Jain (MD & CEO)
Products
Revenue 17,867.69 crore (US$2.1 billion) (2019)
3,754 crore (US$440 million) (2019)
55.00 crore (US$6.5 million) (2019)
Total assets 271,909.57 crore (US$32 billion) (2019)
Number of employees
21,729 (March 2019)
Capital ratio12.73% (2019)
Footnotes / references

Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India was merged with Punjab National Bank, making the latter the second-largest public sector bank in India.