Oriental Coffer of Commerce (OBC) is a Government of India adventure that was congenital in 1943. Back then, its business activities included budgetary intermediation of bartering banks, extenuative banks and abatement houses.
In the year 1951, bank’s registered appointment was relocated to Delhi, from Lahore in Pakistan. In the year 1980, the coffer was nationalised. Much after in the year 1992 the coffer set up its merchant cyberbanking division.
In the year 1997 two banks namely Punjab Co–operative Coffer and Bari Doab Coffer were affiliated in OBC. Immediate abutting year the coffer collaborated with Citibank to barrage a co–branded acclaim card. In 1999 it set up appropriate annex and asset accretion annex in Mumbai and Delhi.
In 2002 OBC set up a specialised branch, alone for women entrepreneurs. In aforementioned year it angry up with Corporation Coffer to allotment their ATM network.
In 2003, for implementing Centralised Cyberbanking Solution (CBS), OBC abutting easily with Infosys Technologies and Wipro. In 2004 Global Trust Coffer was affiliated with OBC.
In 2006 the coffer entered into Announcement of Compassionate (MOU) with the IL & FS Investment Securities to accommodate online administration trading accessories to its customers. In 2007 the coffer angry up with Escorts to accommodate tractor accounts to farmers.
In the aforementioned year, it angry up with IDBI Basic Market Casework in adjustment to accommodate online allotment trading accessories to its customers.
In 2008 it entered into administration tie up with Kotak Mahindra Asset Administration Company.
Personal Banking– It offers advanced ambit of articles and casework such as extenuative accounts, deposits, loans, alternate funds, insurance, internet banking, debit card, acclaim card, etc
Corporate Banking– It provides assorted casework to its accumulated audience such as banknote administration services, loans, financing working capital, etc.
NRI Banking– Besides assorted claimed cyberbanking products, it additionally offers remittance services, consultancy casework to its NRI Clients.
It additionally offers assorted articles and casework to antecedence and SME sector.
Oriental Coffer of Commerce has active of announcement of compassionate (MOU) with Maruti Suzuki India to publicise the accommodation arrangement offered by bank.
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