Is OBC Bank Private Or Government?

Is SBI Bank government or private?

The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India’s central bank) taking a 60% stake, renaming it State Bank of India….State Bank of India.The Banker to Every IndianState Bank Bhavan, Nariman Point, MumbaiFormerlyImperial Bank of IndiaTypePublic Sector Undertaking21 more rows.

Which bank is government bank in India List?

Public sector banksS.no.Name of the BankBoard of Directors1Bank of BarodaDetails2Bank of IndiaDetails3Bank of MaharashtraDetails4Canara BankDetails8 more rows

Which is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Is OBC bank now PNB?

The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank of Commerce has come into effect from April 1, 2020. The merger will create the second largest nationalized bank of the country both in terms of business and branch network.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

Which type of bank is OBC?

Oriental Bank of Commerce (OBC), a public sector bank established in the year 1943 and headquartered in Gurgaon. The bank provides various financial and banking services to its customers such as deposit accounts, loans, debit cards, credit cards, insurance, ATMs, internet banking, mobile banking and many more.

What is the minimum balance in OBC savings account?

OBC Savings Accounts Minimum Balance RequirementsType of Savings AccountMinimum BalanceOBC Diamond Saving Deposit AccountAverage quarterly Balance – Rs. 1 lakhOBC Platinum Saving Deposit AccountAverage quarterly Balance – Rs. 5 lakhsOriental Double Deposit SchemeRs. 10001 more row

Which bank has merged with PNB?

United Bank of IndiaUnited Bank of India (UBI) and Oriental Bank of Commerce (OBC) will merge with Punjab National Bank (PNB) , making it the second largest public sector bank. Syndicate Bank will be merged with Canara Bank, and Allahabad Bank with Indian Bank.

How can I use net banking in OBC?

Step 1: Visit the website www.obcindia.co.in and click on the Oriental Bank’s Net Banking Link or visit the website https://www.obconline.co.in. Step 2: Select Retail User Login & Enter your user-id and sign-on Password received on your registered mobile number.

Is OBC a good bank?

ORIENTAL BANK OF COMMERCE is a very good bank, their executive is understanding the customer concern well and ready to help at any cost.

Is PNB and UBI same?

The merger of UBI and OBC into PNB will lead to the creation of the country’s second largest lender after State Bank of India, the official said. … The boards of UBI and OBC will cease to exist from April 1, 2020, the official said.

What is the rate of interest in OBC bank?

OBC FD Rates 2020TenureFD interest ratesSenior Citizen FD interest rates91 days to 179 days4.00%4.75%180 days to 270 days4.40%5.15%271 days to 364 days4.50%5.25%1 year5.20%5.95%8 more rows•Oct 1, 2020

What is the lunch time of OBC bank?

Oriental Bank of Commerce Lunch timings In general, lunchtime is of 30 minutes. Furthermore, the lunch break from 02:00 pm to 02:30 pm is the most common.

Which is the safest bank in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Which is the 2nd largest bank in India?

1) Oriental Bank of Commerce (OBC) and United Bank of India will be merged into Punjab National Bank (PNB). After the merger, these together will form the second-largest public sector bank in the country, after State Bank of India (SBI).