The Full form of OBC is Oriental Bank of Commerce. OBC is a public sector bank established at Lahore in Pakistan in 1943. In the year 1980, it was nationalized and the bank has its headquarters in Gurugram, Haryana. It has a wide network of more than two thousand branches spread across India. The vision statement of the OBC bank states that the bank wants to be a customer friendly premier bank committed to enhancing stakeholder value.
Sh. Mukesh Kumar Jain is the Managing Director and Chief Executive Officer of OBC as of June 2018. Its mission statements are to provide innovative and quality services using state-of-the-art technology in line with customer expectations, to improve employee’s professional skills and promote cohesiveness among them and to create wealth for both customers and shareholders. Oriental Bank of Commerce offers a wide range of banking products under different categories to its customers such as digital banking, deposit, retail loans, insurance & TPP, priority sector, MSME, forex etc.
It includes a wide range of products under Digital Banking, such as; Mobile Banking, Internet Banking, Bhim Aadhaar OBC, BHIM, Oriental Sathi etc. Similarly in Retail Loans, it includes the banking products such as; Home loan, Vehicle loan, Education Loan, Personal Loan, Mortgage Loan, Retail Loan, etc.