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Oriental Bank of Commerce gets nod to raise Rs 1186.00 crore

Oriental Bank of Commerce gets nod to raise Rs 1186.00 crore

Oriental Bank of Commerce has received approval from its board to raise capital for an amount upto Rs 1186.00 crore through issuance of equity shares to the Government of India (GoI) on preferential basis.

Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, corporate/wholesale banking, retail banking and other banking business operations.

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